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4. Merchandising Operations
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4. Merchandising Operations
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4. Merchandising Operations / Periodic Inventory - Purchase Discounts / Problem 10
Problem 10
In the notation '3/10 NET 45,' what does the '10' signify?
A
The total amount due.
B
The number of days to pay the full amount.
C
The percentage discount offered.
D
The number of days to qualify for the discount.
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