If you are looking for the answer of popular wholesale companies, you’ve got the right page. We have approximately 10 FAQ regarding popular wholesale companies. Read it below.
Statement I – Merchandising companies may be referred to as
Ask: Statement I – Merchandising companies may be referred to as buy-and-sell companies.
Statement II – Retailers and wholesalers are both merchandising companies.
a. Both statements are true.
b. Only Statement I is true.
c. Only Statement II is true.
d. Both statements are false.
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Answer
The answer to your question is a. Both Statements are true.
Let’s take a look at both statements and why they are considered correct.
Merchandising companies may be referred to as buy-and-sell companies.
Businesses are categorized into three types depending on the activity they are engaged in. These three categories are as follows:
- Services. These businesses do not offer a physical or tangible product but they offer labor and/or intellect that will get a job done for the client.
- Manufacturing. These businesses are involved in the creation of products using raw materials and/or other finished goods.
- Merchandising. These businesses sell raw materials, finished goods, and fully-finished products that they sourced locally or from another seller.
Now that we know the different between the three types of businesses, we can confidently say that merchandising companies acquire (buy) products or goods and then sell them afterwards for a profit.
Retailers and wholesalers are both merchandising companies.
Since we now know what merchandisers are, you may also be interested to know that they are further broken down into two categories. The category is based on the volume of products they move at any given time.
So what are these two types of merchandisers?
- Wholesalers. They are merchandisers that buy products in very large volumes or quantities. Due to the quantity, they can get the products at a different price level. Wholesale discounts are given to them which allows them to sell products much cheaper or they can place a higher mark-up without affecting affordability. An example is a supermarket chain.
- Retailers. These merchandisers only purchase a limited number of products which is why they are not given the same discount or pricing as wholesalers. They may purchase directly from a manufacturer or from another wholesaler. When they sell the product, they can only place a low mark-up so they can still attract buyers without affecting affordability. An example would be a sari-sari store.
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A specific product which can be purchase by retail and
Ask: A specific product which can be purchase by retail and wholesale and in what manner shall it qualify for wholesale category.
Answer:
Fabric/textiles
Explanation:
it shall qualify for wholesale category by means of selling it as a whole roll of fabric or by meters
prepare statement of changes in equity for sunflower wholesale company
Ask: prepare statement of changes in equity for sunflower wholesale company
Answer:
- Comprehensive income—defined as the “change in equity of a business enterprise during a period from … Financial Statements for a Sample Company.
Step-by-step explanation:
Answer:
One of the key factors for success for those beginning the study of accounting is to understand how the elements of the financial statements relate to each of the financial statements. That is, once the transactions are categorized into the elements, knowing what to do next is vital. This is the beginning of the process to create the financial statements. It is important to note that financial statements are discussed in the order in which the statements are presented.
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Manufacturing companies are also known as a. Retailers b. Wholesalers
Ask: Manufacturing companies are also known as
a. Retailers
b. Wholesalers
c. Manufacturers
d. Sole Proprietorships
Answer
It also known as manufacturers.
4. Business and Economics : An electronics firm is planning
Ask: 4. Business and Economics : An electronics firm is planning to market a new graphing calculator. The fixed costs are Php 650,000 and the variable cost is Php 47. The wholesale price of the calculator will be Php 63. However, it finds that rising prices for parts increase the variable cost to Php 50.50 per calculator.
a. Discuss possible strategies the company might use to deal with this increase in costs.
b. If the company continues to sell the calculators for Php 63, how many must sell to make a profit?
c. If the company wants to start making a profit at the same prediction level as before the cost increase , how much should they increase the wholesale price?
Answer:
Math ‘to? Meron ako nyan po
Business and Economics : An electronics firm is planning to
Ask: Business and Economics : An electronics firm is planning to market a new graphing calculator. The fixed costs are Php 650,000 and the variable cost is Php 47. The wholesale price of the calculator will be Php 63. However, it finds that rising prices for parts increase the variable cost to Php 50.50 per calculator.
a. Discuss possible strategies the company might use to deal with this increase in costs.
b. If the company continues to sell the calculators for Php 63, how many must sell to make a profit?
c. If the company wants to start making a profit at the same prediction level as before the cost increase , how much should they increase the wholesale price?
Answer:
just! view conversation between video
prepare a statement of cashflow for sunflower wholesale company
Ask: prepare a statement of cashflow for sunflower wholesale company
Answer:
How do you prepare a company’s cash flow statement?
Image result for prepare a statement of cash flow for sunflower wholesale company
We are going to learn how to prepare statement of cash flows by indirect method.
Step 1: Prepare—Gather Basic Documents and Data. …
Step 2: Calculate Changes in the Balance Sheet. …
Step 3: Put Each Change in B/S to the Statement of Cash Flows.
Step-by-step explanation:
Comparison between the interoffice account of the wash wholesale company
Ask: Comparison between the interoffice account of the wash wholesale company with its suburban branch
Answer:
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Explanation:
What is exponential smoothing? Why it is successfully used by
Ask: What is exponential smoothing? Why it is successfully used by banks, manufacturing companies, wholesalers and other organization?
Answer:
Explanation:
Exponential smoothing is a rule of thumb technique for smoothing time series data using the exponential window function. it is usually used in banks due to it’s usefulness for finance and economics.
three wholesalers are having special deals on chicken this week.
Ask: three wholesalers are having special deals on chicken this week. wholesaler A is selling 10 pounds of chicken for $40 wholesaler B is selling 15 pounds of chicken for $45 and wholesaler C is selling 20 pounds of chicken for $50. which wholesaler has the best price on chicken?
[tex]price : a = 40 : dollars div 10 : pounds \ price : b = 45 : dollars div 15 : pounds \ price : c = 50 :dollars div 20 : pounds \ \ a = 4 : dollars : per : pound \ b = 3 : dollars : per : pound \ c = 2.50 : dollars : per : pound[/tex]
Wholesaler C has the best price
For us to be able to know which among these wholesalers has the best offer, we must get their selling amount per pound.
Wholesaler A sells 10 pounds of chicken for $40. Therefore, each pound of his chicken costs $4. This was done by dividing $40 by 10 pounds.
Wholesaler B sells 15 pounds for $45, making the price of his chicken $3 per pound.
Wholesaler C sells 20 pounds for $50, which makes the amount of his chicken $2.5 per pound.
Therefore, wholesaler C offers the best price!
Not only you can get the answer of popular wholesale companies, you could also find the answers of Comparison between the, What is exponential, prepare a statement, Manufacturing companies are, and Statement I –.