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A firm receives an invoice for $25,000 worth of supplies it purchased. The invoice states the following trade terms: 2/10 Net 30. The terms imply
A firm receives an invoice for $25,000 worth of supplies it purchased. The invoice states the following trade terms: "2/10 Net 30". The terms imply that what amount must be paid by what day?
$25,000 by 30th day | ||
$22,500 by 30th day | ||
$22,500 by 2nd day | ||
$24,500 by 10th day | ||
either a or d |
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