Question
The credit term 2/20, net 50 means that the buyers can take up 30 (50-20) days to pay. But the firm allows buyers to take
The credit term 2/20, net 50 means that the buyers can take up 30 (50-20) days to pay. But the firm allows buyers to take 2% discount if they pay in 20 days. Otherwise, they must pay the full amount within 30 days.
True
False
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Money Locates You
Authors: Joan Ekobena
1st Edition
1774821257, 978-1774821251
