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IrinaVladis [17]
3 years ago
9

Why can wholesalers afford to offer trade discounts?

Business
1 answer:
wariber [46]3 years ago
5 0

Answer:

Wholesalers buy products from manufacturers at a lower price than other businesses because they receive discounts for volume buying.

Explanation:

I have no explanation really to say. Thats just the answer.

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​Mercer, Inc. provides the following data for​ 2019: Net Sales Revenue Cost of Goods Sold The gross profit as a percentage of ne
Setler [38]

The question is incomplete as it is missing the figures. The complete question is,

Mercer, Inc. provides the following data for​ 2019:

Net Sales Revenue 598000

Cost of Goods Sold 350000

The gross profit as a percentage of net sales is​ ________. (Round your answer to two decimal​ places.)

Answer:

Gross profit as a percentage of net sales = 0.4147 or 41.47%

Explanation:

The gross profit is a profit earned by a business through its trading activity. It is calculated by deducting the cost of goods sold from the net sales revenue and it is the profit earned by a business before deducting any operating and non operating expenses of the business.

Gross profit = Net Sales - Cost of goods sold

Gross Profit = 598000 - 350000   = $248000

The gross profit as a percentage of net sales is,

Gross profit as a percentage of net sales = Gross profit / Net Sales

Gross profit as a percentage of net sales = 248000 / 598000

Gross profit as a percentage of net sales = 0.4147 or 41.47%

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3 years ago
Employees who record and are paid for the exact of amount of time spent working are paid on a(n) _____ basis.
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Hourly basis.  Salaried employees are paid a flat fee to get the job done.  
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an in-depth observation of a small sample or single individual is an example of which research method?
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Aden is a small engine mechanic who earns a regular hourly rate of $15.68. For overtime, he earns time and a half on Saturdays a
Snowcat [4.5K]

Answer:

$1,034.88

Explanation:

Aden  total pay will be

regular hours worked x regular pay

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Overtime hours

Saturday rate :$15.68 x 1.5 =$23.52

Hours worked on Saturday= 8 hrs

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=$188.16

Sunday rate :  $15.68 x 2= $31.36

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Total pay  =$627.2 + $188.16 +$219.52

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3 years ago
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