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Vendor / merchant
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∙ 12y ago
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Why unrealized profit deducted from finished goods?
Unrealized profit is deducted because it is received but not yet earned means goods are not sold to outside customers and unless goods sold to end user or outside company customers, profit is not actually earned.
How do you calculate gross profit margin using cogs and sales?
Gross Profit = Sales - Cost of goods sold Gross profit margin = gross profit / Sales
What is the profit if total revenue is 3000 cost of goods 1500 and total selling expenses are 500?
What would profit be is revenue is $3000, cost of goods are $1500 and expenses are $500
Calculate cost of goods sold?
To calculate the cost of goods you have to substract the gross profit from total sales.
What effects the gross profit?
Gross profit or gross margin is equal to:Sales less: Costs of Goods Sold
What is a person that buys and sells good called?
A person who buys and sells goods for profit is commonly referred to as a "merchant" or "trader."
Who is a person who buys and sells goods to make money?
someone who sells goods someone who sells goods Supply and Demand.
What is a colonial merchant fact?
a merchant is someone that sells goods for profit
a person who sells for good profit?
A trader is a person who either buys goods and resells them, like a merchant who runs a store or a person who buys and sells stocks and bonds. The original meaning of trader was "one engaged in commerce," meaning someone who makes a living buying things and selling them at a profit. Originally, traders would literally trade goods for other goods, while today most of them trade goods for money. Financial traders work solely with money, buying and selling currency, stocks, bonds, and funds.
What is a person who sells goods called?
Merchant
What is a traveling merchant?
A Person Who Buys And Sells Commodities For Profit
What is a Person who applies for shares and immediately sells for profit?
The answer is a STAG.
What is a merchent?
A merchant is a person who sells goods to you for a price.
A person who buys and sells goods to make money?
A person who buys and sells goods to make money is an entrepreneur. They have created a business that will hopefully generate profits.
What is the difference between a manufacturer a distributor a wholesaler a retailer and a dealer?
A wholesaler is basically the 'origin' (manufacturer, etc.) of goods. The distributor is the person or business who buys goods from the wholesaler and sells goods to a dealer. A dealer is the person or business who sells goods to the public (me and you).
What a a producer?
A producer is a person or company that makes goods and then sells them.
Definition of a company that sells goods?
A company that sells goods is a business entity that engages in the retail or wholesale trade of physical products to consumers or other businesses. These companies typically purchase goods from manufacturers or suppliers and sell them for a profit to end customers.
