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Suppose a firm gives credit terms of 2/10 Net 30. Explain what each of these 3 numbers/terms mean ( i.e, What does the 2 mean?

Suppose a firm gives credit terms of 2/10 Net 30. Explain what each of these 3 numbers/terms mean ( i.e, What does the 2 mean? What does 10 mean? What does Net 30 mean?)

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