Answer:
The credit terms negotiated by Nordic Limited with its creditors and debtors are:
4.5/10 net 60 days with creditors and 2/10 net 60 days with debtors
This means that Nordic Limited offers a 4.5% discount if payment is made within 10 days, with a net payment term of 60 days for creditors. For debtors, Nordic Limited offers a 2% discount if payment is made within 10 days, with a net payment term of 60 days.
