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Functions of Wholesalers

The retailer ...

Question

The retailer should adopt a suitable sales policy to increase sales and profits.

A

True

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B

False

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Solution

The correct option is A True
Suitable Sales Policies sells its products only through authorized equipment distributors for resale in the agricultural and landscaping irrigation markets, plus other markets. Credit sales are made only to authorized distributors with established open accounts, subject to applicable credit limits.

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Q. Long Answer Questions:
A company has its registered office in Delhi, manufacturing unit in Gurgaon and marketing and sales department in Faridabad. The company manufactures consumer products. Which type of policy should it adopt to achieve the target?

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. The retailer sells the same article to a customer for Rs. 1,000 and charges sales-tax at the same rate. Find:
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(ii) the amount of VAT paid by the retailer

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