A Discount Expressed as "2/10 Net 30" Means the Customer

question 59

True/False

A discount expressed as "2/10 net 30" means the customer can take a 2 percent cash discount for making payment within 10 days. Otherwise, the customer must increase the invoice total by 2 percent and pay that amount in 30 days.

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Definitions:

Desensitization Studies

Research into methods for reducing or eliminating negative or phobic reactions to specific stimuli by gradual exposure or counterconditioning.

Clinical Populations

Groups of individuals receiving clinical intervention, often characterized by shared diagnostic features or treatment needs.

Everyday Phobias

Common fears that individuals experience in routine life, which can significantly impact daily functioning if they become irrational or excessive.

College Students

Individuals who are enrolled in institutions of higher education pursuing undergraduate, postgraduate, or professional studies.