If a buyer is offered the terms of sale of "3/10, net 30" this means that the buyer can receive a 10 percent discount by making full payment within 30 days of the billing date.

Name: If a buyer is offered the terms of sale of "3/10, net 30" this means that the buyer can receive a 10 percent discount by making full payment within 30 days of the billing date.
Brand: Quizplus
Rating: 4.9 (41 reviews)

Question

Quizplus · Accepted Answer

The terms "3/10, net 30" indicate the buyer is offered a 3 percent discount if payment is made within 10 days of the billing date.

If a Buyer Is Offered the Terms of Sale of "3/10