Idis 240 - Study guides, Class notes & Summaries
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IDIS 240 EXAM 2 - EVAN VESTAL - SPRING 2022 Correctly Answered Questions| UpToDate | Already Graded A+
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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 charges from Manufacturer 
Freight Cost 
2 | P a g e 
: The cost of moving an item from where it was manufactured to either the 
distributor or the customer's location 
Free On Board (FOB) 
: - Comm...
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IDIS 240 Bundled Exams Questions and Answers Latest Versions (2024/2025) (Complete and Accurate)
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IDIS 240 Bundled Exams Questions and Answers Latest Versions (2024/2025) (Complete and Accurate)
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IDIS 240 Test 2 Evans (Fall 2019)
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IDIS 240 Test 2 Evans (Fall 2019)
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IDIS 240 FINAL EXAM Correctly Answered Questions| UpToDate | Already Graded A+
- Exam (elaborations) • 17 pages • 2024
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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 distributors. This is an example of _______ 
distribution? 
: intensive 
Bundling Products & Services? 
: assortment 
How long customer is willing to wait? 
: wait time 
2 | P a g e 
When the customer ...
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IDIS 240 FINAL EXAM UPDATED SUMMER 2024 QUESTIONS AND ANSWERS SOLVED CORRECTLY 100% VERIFIED
- Exam (elaborations) • 9 pages • 2024
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IDIS 240 FINAL EXAM UPDATED SUMMER 2024 QUESTIONS AND ANSWERS SOLVED CORRECTLY 100% VERIFIED 
OEM stands for - Correct Answer Original Equipment Manufacturer 
 
If you buy Allen-Bradley products in Houston, Texas you must purchase from Reynolds Electric, this is an example of ____________ distribution - Correct Answer exclusive 
 
MRO stands for - Correct Answer maintenance, repair, and operations 
 
3M products are sold through many distributors. This is an example of _______ distribution? - Co...
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IDIS 240 Final Exam – Vestal Solved 100% Correct!!
- Exam (elaborations) • 10 pages • 2023
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IDIS 240 Final Exam – Vestal Solved 100% Correct!!
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IDIS 240 Final Exam Questions and Answers 2024 Graded A
- Exam (elaborations) • 6 pages • 2024
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MRO - maintenance, repair, and operations 
 
Selling price = - List Price - Trade Discounts 
 
Net Price = - selling price - allowable discounts (cash discounts) 
 
net sale - Actual money received after discounts and adjustments 
 
Cost of Goods Sold (COGS) = - Cost of Merchandise + Freight of Manufacturer 
 
FOB Shipping Point - Distributor/ Buyer pays for shipping and owns the product in transit 
 
Trade Discounts - Specified in term of sale. Offered by manufacturer due to fluctuations in mar...
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IDIS 240 FINAL EXAM 2024- VESTAL QUESTIONS AND ANSWERS 100% ACCURATE
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IDIS 240 FINAL EXAM 2024- VESTAL QUESTIONS AND ANSWERS 100% ACCURATE 
 
 
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 (COGS) 
= Cost of Merchandise + Freight from Manufacturer 
Trade Discounts 
specify term of sale and change of price with how they see f...
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IDIS 240 Final Exam Review Questions with Correct Answers.
- Exam (elaborations) • 19 pages • 2024
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IDIS 240 Final Exam Review Questions with Correct Answers.IDIS 240 Final Exam Review Questions with Correct Answers.
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IDIS 240 Final Exam Review Questions with Correct Answers
- Exam (elaborations) • 19 pages • 2024
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IDIS 240 Final Exam Review Questions with Correct AnswersIDIS 240 Final Exam Review Questions with Correct Answers
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