Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A distribution channel for the sale of imported Italian leather shoes includes a manufacturer, a distributor and a retailer. The retailer sells the shoes to

A distribution channel for the sale of imported Italian leather shoes includes a manufacturer, a distributor and a retailer. The retailer sells the shoes to his consumers for$120a pair, earning a margin of22%. The distributor buys the product directly from the manufacturer for$69. The manufacturer realizes a62%margin when selling to the distributor.

margin =$26.40

At what price does the distributor sell to the retailer?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Customer Service Career Success Through Customer Loyalty

Authors: Paul R. Timm

6th edition

133056252, 978-0132553001, 132553007, 978-0133056259

More Books

Students also viewed these Marketing questions