Within the Channel of Distribution for Certain Types of Imported

question 225

Multiple Choice

Within the channel of distribution for certain types of imported furniture, the typical trade terms are 40/15/10. If a dining room table has a list price of $1,000, how much would the manufacturer sell the table to a jobber for?

• A) $1,000
• B) $600
• C) $510
• D) $459
• E) $400

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Definitions:

Client-Visits

The number of times clients or customers visit a business or service provider within a given time period.

Planning Budget

A budget prepared for a specific level of activity; it may be adjusted as activity levels change.

Administrative Expenses

Costs associated with the general administration of a business, such as salaries of executive staff and office supplies.

Client-Visits

The act of meeting with clients or customers in person for business purposes, such as discussing projects, services, or sales.