The Devonian Period Is Most Noted for the

question 116

Multiple Choice

The Devonian period is most noted for the

• A)ability of certain fishes to breath air.
• B)ability of certain fishes to move onto land.
• C)first amphibians.
• D)great diversification of fishes-some developed lungs,some moved to land,and some became amphibians.

Understand the differences between merchant wholesalers, agents, and brokers in the distribution channel.

Identify the roles and functions of manufacturers' agents and selling agents.

Know how internet-based intermediaries function to connect buyers and sellers.

Describe the characteristics of manufacturers' branches and sales offices as wholesaling activities.

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Definitions:

Gross Profit

is the financial gain obtained after subtracting the cost of goods sold (COGS) from total revenue.

Sales Revenues

The income earned by a company from its sales of goods or the provision of services, before any costs or expenses are deducted.

Gross Profit Margin

A financial ratio that indicates the percentage of revenue that exceeds the cost of goods sold, reflecting the efficiency of a company in managing its production and labor costs.

Chosen A

A selection or preference identified as option A, indicating a different choice from a set of options.