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Discuss three of the five stages of business growth.
Merchandising Company
A business entity that purchases and sells tangible goods without significantly altering their form.
Terms 2/10, n/30
Payment terms indicating a 2% discount if the bill is paid within 10 days; otherwise, the net amount is due in 30 days.
Discount
A reduction from the usual cost of something, or an amount deducted from the regular price or interest rate.
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