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Basic Question 0 of 6
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?
B. December 22
C. December 30
A. January 11
B. December 22
C. December 30
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I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
explain liquidity and compare issuers' liquidity levels
CFA® 2026 Level I Curriculum, Volume 2, Module 4.