Margin & Trade Discount Flashcards

1
Q

Is the percentage that presents how much the earned profit of a business based on its revenue

A

Margin

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

The amount by which a manufacturer reduces the retail price of a product that its sells to a retailer

A

Trade Discount

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Commonly known as “ONE-OFF” discount that your business offer to customers or clients when their purchases meet a specific condition that would trigger the discount

A

Single Trade Discount

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Refers to discount that is offered based on a number of different conditions

A

Discount Series

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Is manufacturers recommended price for which the retailer should sell the product

A

List Price

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Is manufacturers recommended price for which the retailer should sell the product

A

List Price

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Is the amount of an item to be paid by the retailer to the manufacturer

A

Net Price

How well did you know this?
1
Not at all
2
3
4
5
Perfectly