Multiple Choice
Which statement is true about terms of trade credit of 2/10,net 30?
A) A 10% cash discount is offered for payment before 30 days.
B) A 2% cash discount can be taken for payment before the 10th of the following month.
C) A 10% cash discount can be taken if paid by the second day after invoicing.
D) No cash discount is offered after the tenth day.
Correct Answer:
Verified
Correct Answer:
Verified
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