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Basic Question 2 of 23

If Dakota Medical Suppliers receive an invoice for purchases dated 12/12/2007 subject to credit terms of "2/10, net 30," what is the last possible day the discount can be taken?

A. January 11
B. December 22
C. December 30
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes

Barnes

Learning Outcome Statements

explain liquidity and compare issuers' liquidity levels

CFA® 2025 Level I Curriculum, Volume 2, Module 4.