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IDIS 240 exam Pack Correctly Answered Questions| UpToDate | Already Graded A+
IDIS 240 exam Pack Correctly Answered Questions| UpToDate | Already Graded A+
[Show more]IDIS 240 exam Pack Correctly Answered Questions| UpToDate | Already Graded A+
[Show more]NPBT 
: Net profit before tax=EBIT- Interest 
NPAT 
: Net profit after tax=NPBT- taxes 
SGA 
: Selling General and Administrative expenses 
EBITDA 
: Earnings before interest, taxes depreciation and amortization 
GMROII 
: Gross margin return on inventory investment 
EBIT 
: Earnings before interest...
Preview 2 out of 10 pages
Add to cartNPBT 
: Net profit before tax=EBIT- Interest 
NPAT 
: Net profit after tax=NPBT- taxes 
SGA 
: Selling General and Administrative expenses 
EBITDA 
: Earnings before interest, taxes depreciation and amortization 
GMROII 
: Gross margin return on inventory investment 
EBIT 
: Earnings before interest...
OEM stands for 
: Original Equipment Manufacturer 
If you buy Allen-Bradley products in Houston, Texas you must purchase from Reynolds 
Electric, this is an example of ____________ distribution 
: exclusive 
MRO stands for 
: maintenance, repair, and operations 
3M products are sold through many di...
Preview 3 out of 17 pages
Add to cartOEM stands for 
: Original Equipment Manufacturer 
If you buy Allen-Bradley products in Houston, Texas you must purchase from Reynolds 
Electric, this is an example of ____________ distribution 
: exclusive 
MRO stands for 
: maintenance, repair, and operations 
3M products are sold through many di...
FOB 
: Free of board 
NPBT 
: Net Profit before tax 
NPAT 
: net profit after tax 
SGA 
: selling general and administrative expense 
EBITDA 
: earnings before interests taxes depreciation and amortization 
- raising prices increases earning but cutting cogs and expenses provides higher 
increase 
...
Preview 2 out of 12 pages
Add to cartFOB 
: Free of board 
NPBT 
: Net Profit before tax 
NPAT 
: net profit after tax 
SGA 
: selling general and administrative expense 
EBITDA 
: earnings before interests taxes depreciation and amortization 
- raising prices increases earning but cutting cogs and expenses provides higher 
increase 
...
Cash Flow 
: Cash in bank > purchased inventory > sold inventory > accounts receivable > 
cash in bank 
List Price 
: The retail price listed 
selling price 
: list price - trade discounts 
Net price 
: = selling price - allowable discounts (cash discounts) 
Net Sale 
Cost of Good Sold...
Preview 3 out of 24 pages
Add to cartCash Flow 
: Cash in bank > purchased inventory > sold inventory > accounts receivable > 
cash in bank 
List Price 
: The retail price listed 
selling price 
: list price - trade discounts 
Net price 
: = selling price - allowable discounts (cash discounts) 
Net Sale 
Cost of Good Sold...
List Price 
: Nationally Advertised Price 
Selling Price 
: List Price - Trade Discounts 
= COGS + Margin 
or 
= COGS + Markup 
Net Price 
: Selling price - all allowable discounts (cash discounts), equal to selling price IF 
NO DISCOUNTS 
Cost of Goods Sold (COGS) 
: Cost of Merchandise + Freight ...
Preview 3 out of 27 pages
Add to cartList Price 
: Nationally Advertised Price 
Selling Price 
: List Price - Trade Discounts 
= COGS + Margin 
or 
= COGS + Markup 
Net Price 
: Selling price - all allowable discounts (cash discounts), equal to selling price IF 
NO DISCOUNTS 
Cost of Goods Sold (COGS) 
: Cost of Merchandise + Freight ...
There are three end users as discusses in Overview of the Industrial Channel. Which of 
the following is one of those end users? 
Original Equipment Maintenance 
Owner of Equipment Manufacturer 
None of these 
Owner of Equipment Maintenance 
Original Equipment Manufacturer 
: Original Equipment Man...
Preview 4 out of 48 pages
Add to cartThere are three end users as discusses in Overview of the Industrial Channel. Which of 
the following is one of those end users? 
Original Equipment Maintenance 
Owner of Equipment Manufacturer 
None of these 
Owner of Equipment Maintenance 
Original Equipment Manufacturer 
: Original Equipment Man...
OEM 
: Original Equipment Manufacturer - buys the product and "rebrands" to sell as 
their own with warranty 
MRO 
: Maintenance Repair Operation - people who fix something with a problem 
Contractor 
: Person who provides supplies or service under contract 
Breaking bulk 
: Shipping something in...
Preview 3 out of 25 pages
Add to cartOEM 
: Original Equipment Manufacturer - buys the product and "rebrands" to sell as 
their own with warranty 
MRO 
: Maintenance Repair Operation - people who fix something with a problem 
Contractor 
: Person who provides supplies or service under contract 
Breaking bulk 
: Shipping something in...
List Price 
: Listed price of the product. Manufacturers sell from a nationally advertised price. 
As there is a fluctuation in cost of raw materials or market condition, a discount is 
offered, but this discount is seldom reflected on the list price. 
Selling Price 
: Amount paid by customer that...
Preview 3 out of 18 pages
Add to cartList Price 
: Listed price of the product. Manufacturers sell from a nationally advertised price. 
As there is a fluctuation in cost of raw materials or market condition, a discount is 
offered, but this discount is seldom reflected on the list price. 
Selling Price 
: Amount paid by customer that...
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