AFP
CTP · Question #605
(Topic 7) Which of the following credit terms would be MOST appropriate for a seasonal product that a manufacturer wants to sell to a retailer during the product's off-season?
The correct answer is C. 2/10, net 120. See the full explanation below for the reasoning.
Question
- (Topic 7)
Which of the following credit terms would be MOST appropriate for a seasonal product that a manufacturer wants to sell to a retailer during the product's off-season?
Options
- A2/10, net 30
- B2/10, prox 30
- C2/10, net 120
- D3/15, 2/30, net 45
How the community answered
(35 responses)- A11% (4)
- B3% (1)
- C80% (28)
- D6% (2)
Community Discussion
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