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How Would the Terms Be Stated If a Business Was

Question 199

Multiple Choice

How would the terms be stated if a business was offering a cash discount of five percent if consumers pay the invoice within 30 days with the full face amount of the invoice due 30 days after that?


A) 5/30, net 60
B) 5/60, net 90
C) 5/15, net 45
D) 10/30, net 60

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