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account Selling terms 4/15,n/30 indicates which of the following? The purchaser is required to pay the entire bill within 15 days. The purchaser can take

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Selling terms 4/15,n/30 indicates which of the following? The purchaser is required to pay the entire bill within 15 days. The purchaser can take a 4% discount if they pay within 30 d days. The purchaser can take a 4% discount if they pay within 15 days. The purchaser can take a 40% discount if they pay within 30 days

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