True/False
A discount expressed as "2/10 net 30" means the customer can take a 2 percent cash discount for making payment within 10 days. Otherwise, the customer must increase the invoice total by 2 percent and pay that amount in 30 days.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q54: Cloud computing is an example of a
Q55: Describe three different kinds of discounts provided
Q56: The _ approach utilizes published statistics and
Q57: A fully developed concept includes all of
Q58: What is the percentage markup on an
Q60: In the model for small business growth,
Q61: Perhaps the best way to get the
Q62: Which part of the feasibility study contains
Q63: All of the following are internal factors
Q64: Using cost-based pricing, what is the percentage