Business letters remain a powerful tool to promote services and products, boost online and retail traffic, and enhance customer relations
Indicate whether the statement is true or false
True
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Notes may be issued
A) when assets are purchased B) to creditor's to temporarily satisfy an account payable created earlier C) when borrowing money D) all of the above
A camera shop develops kits for amateurs that include a camera, lens, film, case, and a separate electronic flash. The kit is sold at a discounted price from the price of the separate components. This concept is an example of _____
a. a model stock approach b. scrambled merchandising c. solutions selling d. experiential merchandising
With warehouse showrooms, a customer selects the merchandise either from a catalog or from the showroom display, fills out an order form provided by the store, and hands the form to a clerk.
Answer the following statement true (T) or false (F)
The difference between the retailer's cost and the selling price is the _____.
A. gross margin B. markup percentage C. profit D. keystone E. breakeven profit