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On January 21st, 2014, Bessant merchandisers, received merchandise from Mullies Inc. On that date, it found a few of these goods to be damaged. On January 22, it returned the damaged goods to the seller. Such returns will be treated as ________ by Bessant.
Inventory Holding Cost
The total cost associated with storing unsold goods, including storage, insurance, taxes, depreciation, and opportunity costs.
Overall Market
The collective scope of buyers and sellers in a particular sector or industry, encompassing all potential transactions for goods or services.
Market Share
The share of a market dominated by a specific company or product, usually represented as a percentage.
Margin
The difference between the selling price of a product or service and its cost, usually expressed as a percentage of the selling price.
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