A Firm Grants Credit with Terms of 2/5,net 20

question 109

Multiple Choice

A firm grants credit with terms of 2/5,net 20.The firm's customers have ___ days to pay in order to receive a _____ percent discount.

• A)2; 5
• B)5; 2
• C)15; 2
• D)20; 2
• E)30; 5

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Definitions:

Leukocytes (WBC)

White blood cells that are part of the immune system, protecting the body against both infectious disease and foreign invaders.

Fibrinogen

A soluble plasma glycoprotein that is converted by thrombin into fibrin during blood clot formation.

Lymphocytes

A type of white blood cell crucial for the immune system, involved in protecting the body from infections and diseases.

Immunoglobulins

Proteins in the immune system that function as antibodies, which identify and neutralize foreign objects like bacteria and viruses.