The term 2/10-n/30 implies that discount will be given if the payment made within ______ day is receivable within 30 days.

2, 10

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10, 2

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10, 30

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3, 15

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Solution

The correct option is A 2, 10
2/10 net 30, defined as the trade credit in which clients can opt to either receive a 2 percent discount for payment to a vendor within 10 days or pay the full amount (net) of their accounts payable in 30 days, is extremely common in business to business sales.

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The term 2/10-n/30 implies that discount will be given if the payment made within ______ day is receivable within 30 days.

The correct option is A 2, 102/10 net 30, defined as the trade credit in which clients can opt to either receive a 2 percent discount for payment to a vendor within 10 days or pay the full amount (net) of their accounts payable in 30 days, is extremely common in business to business sales.

The correct option is A 2, 10
2/10 net 30, defined as the trade credit in which clients can opt to either receive a 2 percent discount for payment to a vendor within 10 days or pay the full amount (net) of their accounts payable in 30 days, is extremely common in business to business sales.