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Q: With terms of 2/10, n/30: Credit period is 10 days from date of invoice Credit period is 40 days Credit period extends into 1st ten days of next month Credit period is 30
days from date of invoice None of these
A: With terms of 2/10, n/30: Credit period is 30 days from date of invoice. 2/10, n/30 simply means you get a discount if you pay the invoice in 10 days, but the invoice is due in 30 days.
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User: With terms of 2/10, n/30: Credit period is 10 days from date of invoice Credit period is 40 days Credit period extends into 1st ten days of next month Credit period is 30 days from date of invoice None of these

Weegy: With terms of 2/10, n/30: Credit period is 30 days from date of invoice. 2/10, n/30 simply means you get a discount if you pay the invoice in 10 days, but the invoice is due in 30 days.

User: Zales bought a tea set for \$1,400. Zales wants to markup the set 55% of the selling price. The selling price of the tea set should be: \$2,030 \$2,300 \$3,111.11 \$3,111.10 None of these

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True or False: 16. 2/10, n/30 means the credit period is 30 days from end of discount period.
Weegy: True. (More)
Question
Updated 12/8/2011 5:56:15 PM
False. Credit period is 30 days from the date of the invoice.
Confirmed by andrewpallarca [5/11/2014 6:10:34 AM]
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