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The Painted House Offers Credit Terms of 2/10ᵗʰ, EOM

Question 36

Multiple Choice
The Painted House offers credit terms of 2/10ᵗʰ, EOM. Assume you purchase an item on credit from this store on Monday, November 3. When is payment due for this purchase if you do not take the discount?

The Painted House offers credit terms of 2/10ᵗʰ, EOM. Assume you purchase an item on credit from this store on Monday, November 3. When is payment due for this purchase if you do not take the discount?


A) November 3
B) November 13
C) November 30
D) December 31
E) December 10

Correct Answer:

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