Idis 240 final exam Study guides, Class notes & Summaries

Cash Flow : Cash in bank > purchased inventory > sold inventory > accounts receivable > cash in bank List Price : The retail price listed selling price : list price - trade discounts Net price : = selling price - allowable discounts (cash discounts) Net Sale Cost of Good Sold (COGS) : = Cost of Merchandise + Freight from Manufacturer Trade Discounts 2 | P a g e : specify term of sale and change of price with how they see fit. Cash Discounts : given to encourage buye...

IDIS 240 Final Exam – Vestal Solved 100% Correct!!

OEM stands for : Original Equipment Manufacturer If you buy Allen-Bradley products in Houston, Texas you must purchase from Reynolds Electric, this is an example of ____________ distribution : exclusive MRO stands for : maintenance, repair, and operations 3M products are sold through many distributors. This is an example of _______ distribution? : intensive Bundling Products & Services? : assortment How long customer is willing to wait? : wait time 2 | P a g e When the customer ...

IDIS 240 Final Exam Review Questions with Correct AnswersIDIS 240 Final Exam Review Questions with Correct Answers

MRO - maintenance, repair, and operations Selling price = - List Price - Trade Discounts Net Price = - selling price - allowable discounts (cash discounts) net sale - Actual money received after discounts and adjustments Cost of Goods Sold (COGS) = - Cost of Merchandise + Freight of Manufacturer FOB Shipping Point - Distributor/ Buyer pays for shipping and owns the product in transit Trade Discounts - Specified in term of sale. Offered by manufacturer due to fluctuations in mar...

IDIS 240 FINAL EXAM UPDATED SUMMER 2024 QUESTIONS AND ANSWERS SOLVED CORRECTLY 100% VERIFIED OEM stands for - Correct Answer Original Equipment Manufacturer If you buy Allen-Bradley products in Houston, Texas you must purchase from Reynolds Electric, this is an example of ____________ distribution - Correct Answer exclusive MRO stands for - Correct Answer maintenance, repair, and operations 3M products are sold through many distributors. This is an example of _______ distribution? - Co...

IDIS 240 FINAL EXAM GRADED A+

Cash Flow - Answer-Cash in bank > purchased inventory > sold inventory > accounts receivable > cash in bank List Price - Answer-The retail price listed selling price - Answer-list price - trade discounts Net price - Answer-= selling price - allowable discounts (cash discounts) Net Sale Cost of Good Sold (COGS) - Answer-= Cost of Merchandise + Freight from Manufacturer Trade Discounts - Answer-specify term of sale and change of price with how they see fit. Cash Discounts - Ans...

IDIS 240 FINAL EXAM UPDATED SUMMER 2024 QUESTIONS AND ANSWERS SOLVED CORRECTLY 100% OEM stands for Original Equipment Manufacturer If you buy Allen-Bradley products in Houston, Texas you must purchase from Reynolds Electric, this is an example of ____________ distribution exclusive MRO stands for maintenance, repair, and operations 3M products are sold through many distributors. This is an example of _______ distribution? intensive Bundling Products & Services? assortment How long...

Introduction to Industrial Distribution-IDIS 240 Final Exam Review Questions with Answers