When a sale is made with the credit terms of 2/10, net 30, the "2" refers to the:
a. Interest rate
b. Selling day
c. Payment Due date
d. Discount rate
e. None of these
Answer: D
When a sale is made with the credit terms of 2/10, net 30, the "2" refers to the:
a. Interest rate
b. Selling day
c. Payment Due date
d. Discount rate
e. None of these
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.