What does 2/10 net 30 mean, and what is the implicit interest cost?

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Introduction to Corporate Finance

ISBN: 978-1119171287

4th edition

Authors: Laurence Booth, Sean Cleary, Ian Rakita

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Question Posted: Nov 01, 2017 06:40 AM

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What does 2/10 net 30 mean, and what is the implicit interest cost?

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Credit terms of 210 net 30 offer customers ...View the full answer

Introduction to Corporate Finance

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