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Rebates often provided smaller customers with financial incentives to purchase products, making them more accessible and affordable. However, these customers sometimes faced challenges in navigating the rebate process, which could limit their ability to fully benefit from the offers. Additionally, larger customers might receive more significant discounts or incentives, potentially leaving smaller customers at a disadvantage in competitive markets. Overall, while rebates aimed to support smaller customers, the effectiveness varied based on individual circumstances and market dynamics.

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2mo ago

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What were secret discounts for big customers on large railroads called?

Rebates.


Is there a website to find out what to do with appliance rebates?

Sears.com is a commonly used site that people use to get cash back rebates on appliances. The reviews from customers seems to be very good. The rebates seems to be even better.


Does Pedernales Electric Coop offer rebates to customers who install solar equipment?

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When retailers offer coupons or mail in rebates to customers they are engaging in a form of?

Price Discrimination.


Railroad companies competed with each other for business by?

offering rebates to large customers.


What law passed by congress which prohibited railroads from accepting rebates from their best customers?

The Elkins Act


How do you record rebates in financial statements and why AR decrease?

Rebates are typically recorded as a reduction in revenue or as a separate expense in the financial statements, depending on the accounting policy adopted by the company. When a rebate is issued, accounts receivable (AR) decreases because the amount owed by customers is reduced, reflecting the rebate given. This decrease in AR aligns with the matching principle in accounting, ensuring that expenses related to the rebates are recognized in the same period as the revenue they affect.


What methods did the railroad barons used to drive smaller companies out of business?

As the railroad network expanded, the railroad companies competed fiercely with one another to keep old customers and to win new ones. Large railroads offered secret discounts called rebates to their biggest customers. Smaller railroads that could not match these rebates were often forced out of business. The railroad barons also made secret agreements among themselves, known as pools. They divided the railway business among their companies and set rates for a region, a railroad could charge higher rates and earn greater profits.


What is the difference between a rebate and coupon?

1. coupon is redeemed at the time of purchase and rebate are redeemed after the purchase has been made 2. rebates are mostly used for expensive products. 3. rebates acquire some personal information of customers.


What is rebates margins?

Rebate margins refer to the difference between the original price of a product or service and the amount refunded to customers through rebates. This margin represents the effective cost to the company after accounting for the rebates offered to incentivize purchases. Rebates can influence pricing strategies and profitability, as companies must balance the attraction of discounts with maintaining healthy margins. Understanding rebate margins is crucial for businesses to assess the financial impact of their promotional strategies.


Can the bank break bills for customers who need smaller denominations?

Yes, banks can break larger bills into smaller denominations for customers who need them.


How customers affect a business?

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