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Which of the following dating terms would provide the longest period for the retailer to receive a cash discount? The shortest? Assume the invoice date
Which of the following dating terms would provide the longest period for the retailer to receive a cash discount? The shortest? Assume the invoice date is April 8 and the delivery date is April 10. What is the discount date of each one? What date is the entire bill due for each one?
3/15 net 30
3/15 net 30 ROG
3/10 net 30 EOM
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