The wholesaler has stated the terms of sale to retailers are 5% 10 days,net 30 days.This means that ________.
A) retailers will sell to customers at list price minus 5% for 30 days
B) retailers who pay within 10 days get a 5% discount
C) wholesalers will sell to retailers at list price minus 5% for 10 days only
D) the total amount is due within 30 days
E) B and D
Correct Answer:
Verified
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