2006-09-06 07:34:18 · 4 answers · asked by rio180 1 in Business & Finance ➔ Small Business
2% discount if balance due is paid within 60 days.
2006-09-06 07:38:55 · answer #1 · answered by Q.S.G 3 · 0⤊ 0⤋
Generally, terms of sale would be 2% 30, net 60. Or, you get a 2% discount if you pay within 30 days of the invoice date...net amount due in 60 days.
http://www.creditmanagementworld.com
2006-09-07 08:07:06 · answer #2 · answered by nickdc1960 7 · 0⤊ 0⤋
A 2% discount for paying within 60 days.
2006-09-06 07:36:43 · answer #3 · answered by Anonymous · 1⤊ 0⤋
it depends on the circumstances, but as far as i know it is a sales expression. 2% commission to the sales person, and the seller gets $60 (probably more like $60K) after paying the 2%. so the total sales price would have to be $60K PLUS 2% of $60K which is $61,200. good luck!
2006-09-06 07:41:33 · answer #4 · answered by Trisha 2 · 0⤊ 2⤋