A credit policy of "2/10, net 30" means
A) That if a customer pays its bill within 10 days, it will receive a 30 percent discount.
B) That if a customer pays its bill within 30 days, it will receive a 10 percent discount.
C) That if a customer pays its bill within 2 days, it will receive a 10 percent discount.
D) That if a customer pays its bill within 10 days, it will receive a 2 percent discount.
E) None of these are correct.
Correct Answer:
Verified
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