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    Exam 5: Retailing Operations
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    Credit Terms of 2/10,n/30 Mean That the Purchaser May Deduct
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Credit Terms of 2/10,n/30 Mean That the Purchaser May Deduct

Question 54

Question 54

True/False

Credit terms of 2/10,n/30 mean that the purchaser may deduct 2% if the invoice is paid within 10 days,with the full amount due in 30 days if the early payment option is NOT exercised.

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