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Jack Inc. offers a credit term of n/30. This means that the company ____. a.receives money from the customers 30 days after the of sale

Jack Inc. offers a credit term of n/30. This means that the company ____.

a.receives money from the customers 30 days after the of sale of the goods

b.expects to collect receivables within 30 days of the invoice date

c.offers a 30-day loan to the suppliers

d.pays its creditors within 30 days of the purchase of raw materials

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