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BigorU [14]
3 years ago
12

What does​ "2/10" mean, with respect to​ "credit terms of​ 2/10, n/30"?

Business
1 answer:
ANEK [815]3 years ago
3 0

a.  a discount of 2 percent will be allowed if the invoice is paid within 10 days of the invoice date.

So for example if the bill is $100 "2/10 net 30" and you pay within 10 days, you get a 20 cent discount and the balance is $9.80. If you pay in 30 days, the full 10 dollars is due.

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A dollar available today is always worth more than a dollar not available until a future period.
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Answer:

The statement is: True.

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When a firm adopts new technology, it is customary for firms':
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Also, when the Fed wants to decrease the money supply, the thing that should be done will be to sell bonds.

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brainly.com/question/25817380

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