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Company A purchases goods for $100 with terms 2/10, n/30. Choose the correct statement regarding the transaction. Company A has been extended a cash discount.
Company A purchases goods for $100 with terms 2/10, n/30. Choose the correct statement regarding the transaction. Company A has been extended a cash discount. Company A will get a 2% discount if the bill is paid within 10 days. Otherwise, the balance is due within 30 days. Company A has been extended a cash discount Company A will get a 10% discount if the bill is paid within 2 days. Otherwise, the balance is due within 30 days. Company A has been extended a cash discount Company A will get a 2% discount if the bill is paid within 30 days. Company A has not been extended a cash discount
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