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A company purchased $30,000 of inventory goods with terms 2/10, n/30. This means the company must pay $30,000 within 2 to 10 days. can take
A company purchased $30,000 of inventory goods with terms 2/10, n/30. This means the company must pay $30,000 within 2 to 10 days. can take a 20% (2 times 10) discount if it pays for the goods within 10 days, or it can take a 10% discount if it pays within 30 days. can take a 10% discount if it pays within 2 days. can take a 2% discount if it pays for the goods within 10 days.
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