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Under the terms of 2/10 net 30, the buyer may?

A. settle the invoice with2 equal payments; one within days and the other within days

B. None of the other alternatives apply

C. deduct2% of the invoice for payment within days

D. incurs a penalty on% for payments more than days late

E. deduct% of the invoice amount for payment within days

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Question ajoutée par Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date de publication: 2016/07/15
Mohamed Helal
par Mohamed Helal , Project Manager , GROUP CONSULT INTERNATIONAL

C. deduct2% of the invoice for payment within days

Muhammad Farooq
par Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.

The most suitable option is

C. deduct 2% of the invoice for payment within 10 days

Abu Bakar Siddique
par Abu Bakar Siddique , Procurement / Purchase Executive , Younone sports shoes Ind. LTD.

C. DEDUCT 2% OF THE INVOICE FOR PAYMENT WITHIN DAYS

Neil William Teruel
par Neil William Teruel , Senior Procurement Officer , United Motors Company

2 represents the discount percentage, 10 represent the days. It means you yan get 2% invoice discount of you pay within 10 days. If not you will pay net amount maximum 40 days (Net 30)

Sattar Abdulkarim  Mohamed
par Sattar Abdulkarim Mohamed , Country Sales Director , Ideal Technical Solutions

Thanks for your invitation. Please be informed that your question is not clear to me.

Abdul Rehman
par Abdul Rehman , Electrical Engineer , Tamdeed Projects

If you mean 10 days in the options, then E is the best possible answer for payment with 2% discount.

Ksenija Kancelak
par Ksenija Kancelak , Construction Project Manager , City of Koprivnica, Koprivnica (Croatia)

My opinion is that the answer is C

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