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Ratio analysis,,,terms of 2/10,net 30 ?

Financial Management

What does this mean?

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mani charan

mani charan

CA Final

★ 3K+

19-Apr-23 15:37

176

Answers (3)

If you pay within 10 days - 2% discount. Otherwise pay within 30 days.

CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

19-Apr-23 15:39

Normal credit period = 30 days If you pay in 10 days you will get 2% discount

Ashik Ahamed

Ashik Ahamed

CA Inter

★ 1K+

19-Apr-23 15:40

Thank you for clarifying

Thread Starter

mani charan

mani charan

CA Final

★ 3K+

19-Apr-23 15:41

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