0
A car seller buys a car from a manufacturer for 8000. He increases the cost by 6 percent. What is the markup value?
Wiki User
∙ 7y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Benefit of forward auction to seller?
increases selling
What is F-wheel?
It is an electric unicycle manufacturer, a best seller of electric unicycle.
What happens to your warranty when a company goes bankrupt?
If the Bankrupt company is just the retailer then the warranty is still covered by the manufacturer. If the manufacturer goes bankrupt then the retailer covers the warranty. The seller is responsible for a warranty. Clearly if the seller is the manufacturer and they go bankrupt then it's most unlikely that the warranty will remain in force.
Are refurbished TVs warranted by the manufacturer?
Refurbished tv's are sometimes warranted by the manufacturer. Many times the warranties are provided by the seller. Protection plans are also available for purchase.
How does a 90 percent loan to value with a six percent seller's concession work?
You would have to come up with 10% of the cost of the house. The seller is willing to give 6% back to you for closing cost.
Margin vs markup?
margin vs markup As every coin has two sides, likewise, margin and markup are two accounting terms which refers to the two ways of looking at business profit. When the profit is addressed as the percentage of sales, it is called profit margin. Conversely, when profit is addressed as a percentage of cost, it is called as markup. While markup is nothing but an amount by which the cost of the product is increased by the seller to cover the expenses and profit and arrive at its selling price. On the other hand, the margin is simply the percentage of selling price i.e. profit. It is the difference between the selling price and cost price of the product. The terms margin and markup are very commonly juxtaposed by many accounting students, however, they are not one and the same thing. Content: Markup Vs Margin Comparison Chart Definition Key Differences Conclusion
What is drop shipping really about?
Drop shipping is when the customer pays the seller for the manufacturer to send the customer their good to them. This process helps both retailer and manufacturer in acquiring more money.
How does the imposition of tax affect the prices paid by the buyer and the prices paid by the seller?
Taxes increase the price of goods or services. This means consumers can afford less of them. Prices are not paid by the seller. But it does mean the seller sells fewer items and therefore receives less income. He in turn orders less from the manufacturer. He may try to negotiate with the manufacturer a reduction in the wholesale price he pays so he can reduce his retail price and absorb the tax.
What is meant by manufacturer's agent?
They are independent middlemen who represent more than one seller and offer complete product lines. A manufacturer's agent is restricted to a particular territory and sells and takes orders year-round.
If you purchase a home for 60000 and the seller pay 6 percent your closing how much do you have to come up with?
600
A fruit seller sells 5 apples at the cost price of 6 apples find his profit percent?
20 %
Where can one find information about installing a Samsung wall mount?
Firstly check the packaging for an installation manual. Should you have one, follow the manufacturer's instructions. In the event that it is missing contact the seller. If all else fails contact the manufacturer. The details will be on the packaging.
