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Credit terms of 2 10 n 30 mean that

30/04/2021 Client: muhammad11 Deadline: 2 Day

A company sells on credit terms of 2/10, n/30 and has days’ sales in accounts receivable of 30.2 days. Its days’ sales outstanding is

a. Too low.

b. Too high.
c. About right.
d. Not able to be evaluated from the data given.

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