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svet-max [94.6K]
1 year ago
15

a(n) is one type of marketing intermediary that brings together buyers and sellers and assists in negotiating an exchange, but d

oes not take title to the goods. group of answer choices
Business
1 answer:
Ratling [72]1 year ago
7 0

An agent and broker is one type of marketing intermediary that brings together buyers and sellers and assists in negotiating an exchange but does not take title to the goods.

<h3>What are agent and broker?</h3>

Agents and brokers are described as the traders that conduct the trade of goods, or can associate with buying and selling processes. It is important to mention that agents and brokers form an important link in influencing a supplier, trading of products, and movement of goods.

The agents and the brokers do not possess the goods but act as an important intermediary who makes it easy to buy and sell. In other words, the agents and the brokers bring the sellers and the buyers together so that an effective negotiation process can be conducted.

It can be concluded that an agent and broker is one type of marketing intermediary that brings together buyers and sellers and assists in negotiating an exchange but does not take title to the goods.

To know more about, agents and brokers, check this link:

brainly.com/question/28264386

#SPJ4

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Lisa Company uses the periodic inventory system and had 100 units in beginning inventory at a total cost of $10,000. The company
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Answer:

FIFO $10,400

LIFO $8,000

AVERAGE COST $9,600

Explanation:

Lisa Company

(1) FIFO

Purchases during the period:

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200 units at $130 = $26,000

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Value of ending inventory

=10,000+26,000-25,600

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(2) LIFO

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100 units at $100 = $10,000

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Cost of units sold

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Value of ending inventory

=10,000+26,000-28,000

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(3) average-cost

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100 units at $100 = $10,000

200 units at $130 = $26,000

average cost per unit

=(10,000+26,000)/300

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Cost of units sold

=220 * $120

=$26,400

Value of ending inventory

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