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The Cost of NOT Taking a Discount Is Higher for Terms

question 71

True/False

The cost of NOT taking a discount is higher for terms of 2/10, net 60 than for 2/10, net 30.


Definitions:

Talus

Tarsal bone contributing to the ankle.

Sphenoidal Sinus

Air-filled cavities located within the sphenoid bone, behind the eyes and under the brain, part of the human sinuses.

Frontal Sinus

Air-filled cavities in the skull, located above the eyes within the frontal bone, which lighten the skull and resonate the voice.

Ethmoidal Sinus

Air-filled spaces located within the ethmoid bone between the nose and eyes, part of the paranasal sinuses.

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