Brigham ( Gapenski , 1997 . Firms that sell on credit have certain terms of credit that are included in their credit policy . An example of this is 2 /10 , net 20 . This term of credit means that 2 of discount shall be given if payment is made within 10 days of invoice date , with the within 30 days if the discount is not taken . The discount received during the discount period is the free trade credit while the credit taken in excess...











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