Answer:
a. Raw material discounts
b. Reduction of unit cost
c. Specialists
d. Better production methods
Explanation:
a. Corporations have various advantages over small businesses. Because they buy raw materials in bulk they are able to negotiate volume discount. This gives them more advantage over the small business who cannot buy in bulk.
b. A fall out from the above is reduction of unit cost or average cost, when discount is received it reduces the total cost of material and by implication the unit cost.
c. Because of their size and financial strength, corporation is able to attract qualified employees as opposed to small businesses that are limited by their financial position.
d. Corporations because of their financial strength are able to finance research with view to discovering a better production methods. This may be impossible to small businesses.
Answer:
Discounted amount luxury hotel suite = $56.25
Explanation:
Given:
Discount rate on luxury hotel suite = 15%
Cost of luxury hotel suite = $375 per night
Find:
Discounted amount luxury hotel suite
Computation:
Discounted amount luxury hotel suite = Discount rate on luxury hotel suite x Cost of luxury hotel suite
Discounted amount luxury hotel suite = 375 x 15%
Discounted amount luxury hotel suite = 375 x 0.15
Discounted amount luxury hotel suite = $56.25
Answer: A.Freight in
B.purchase return and allowance
C.purchase
D.sales discount
Explanation: A.Freight in the transportation cost associated with the delivery of a goods from the supplier to the receiving end.
B.purchase return and allowance. This occurs when a purchaser and inventory back to the seller.
C.purchase. This is the good and services bought by a company.
D.sales discount. A sales discount is usually offer for prompt payment. Is an incentive sellers offer for early payment.
