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7 June, 00:14

Mrs. thomas has received an invoice from the manufacturer for which she distributes products. the invoice states credit terms of 3/10, n/30. puzzled by this, she calls on you to explain. you indicate that the notation 3/10 means that

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  1. 7 June, 04:03
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    The 3/10 indicated as the credit terms mean that the manufacturer is willing to give Mrs. Thomas a 3% discount from the remaining payable amount if she will be able to pay within 10 days from the receipt of the invoice.
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