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Igoryamba
3 years ago
14

Ballard Company uses the perpetual inventory system. The company purchased $16,000 of merchandise from Andes Company under the t

erms 2/10, net/30. Ballard paid for the merchandise within 10 days and also paid $500 freight to obtain the goods under terms FOB shipping point. All of the merchandise purchased was sold for $30,000 cash. What is the amount of gross margin that resulted from these business events?
Business
1 answer:
Nataly_w [17]3 years ago
5 0

Answer:

$13,820

Explanation:

The computation of the amount of gross margin is shown below:

As we know that

Gross profit = Sales revenue - cost of goods sold

where,

Sales revenue = $30,000

And, the cost of goods sold

= Purchase value - purchase discount + freight charges

= $16,000 - $16,000 × 2% + $500

= $16,000 - $320 + $500

= $16,180

So, the amount of the gross margin is

= $30,000 - $16,180

= $13,820

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Answer:

The correct answer is the option D: product differentiation strategy.

Explanation:

To begin with, the fact that the company knows and understand that in other countries the people may have other needs and preferences is helpful because in that way they are able to investigate and start the creation and production of a good that adjusts to the preferences of that other country and by doing that the company leaves behind the concept of standarization and focus on the differentiation of its product by making it unique in every country they are in.

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Answer:

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Explanation:

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Answer:

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