Credit terms of n/10, EOM means that
◦ if the bill is paid 10 days after the end of the month, a discount is allowed.
◦ the bill is due 10 days before the end of the month.
◦ if the bill is paid by the end of the month, a discount will be granted.
◦ the bill is due 10 days after the end of the month and no discount is allowed.