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Eduncle posted an MCQ
March 03, 2020 • 00:24 am 0 points
  • UGC NET
  • Management

Which of the following is aptly described by '2/10, net 30'?

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    Eduncle Best Answer

    2/10 net 30 is 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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