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Feliz [49]
2 years ago
13

A retailer has noticed that his cost of goods from a specific supplier always seem to be increasing—affecting the gross profit o

n the items. What are some steps a retailer could take?
Grin and bear it—the supplier sets the prices!
Ask the supplier for an explanation for the price increases.
Change suppliers or quit carrying the item(s) from this supplier.
Keep raising retail price of the item(s) to compensate for the price increases from the supplier.
Business
1 answer:
lions [1.4K]2 years ago
6 0

The action that the  retailer could take is that He or she can ask the supplier for an explanation for the price increases and then he can Keep raising retail price of the item(s) to compensate for the price increases from the supplier.

<h3>What brings an increase in gross profit margin?</h3>

A retailer can experience an increase in the sales volume and this is one that can lead to a reduction in the cost of goods sold based on the fixed manufacturing cost per unit is said to be  smaller as production volume is getting bigger.

An increase in sales is known to be one that is followed by a decrease in cost of goods sold per unit that therefore leads to a higher gross profit margin.

Learn more about retailer  from

brainly.com/question/25376778

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Answer:

The question is incomplete, it misses the option. The options are the following:

A. New-task

B. Straight rebuy

C. Modified rebuy

D. Contracted purchase

E. Limited modified buy

And the correct answer is the option A: New-task.

Explanation:

To begin with, in the field of business, the expresion of<em> ''new-task''</em> refers to the buying situation where the buyer purchases a product or a service for the very first time and therefore that he has no idea what to expect next accordingly to that new task because he has no information about it. Therefore that the buyer is looking for the help of Elizabeth in this case who represents a consultant that will help the buyer in this buying situation in order to try to make the best choice as possible.

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3 years ago
Since 1999, which Central Asian country has been the world's largest producer of opium?
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Answer:

The correct answer is: Afghanistan.

Explanation:

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4 years ago
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Take note, CPA report doesn't refer to the their auditor's report on the historical financial statements. The report cannot also explain the principal differences between the historical statements and the projected financial statements.

Additionally, a CPA's report must not include the their opinion on the client's ability to continue as a going concern.

Curious about Code of Ethics for CPAs? Read here: brainly.com/question/28198157

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Answer:

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