Financial management-ipcc

IPCC 612 views 2 replies
What is to be understood from this statement-"The company's credit policy is 2/10 net 30." This statement is given in a problem on receivables management.
Replies (2)
It means if u ll pay within 10 days den get 2% discount otherwise pay within 30 days widout any discount
Thanks a lot Sir..!!


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