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CUISJEDU Assume you are a retailer; you are doing business in selling some products. Find an invoice which is available online (you can use Google
CUISJEDU Assume you are a retailer; you are doing business in selling some products. Find an invoice which is available online (you can use Google image). Please make sure that there are elements discount in the transaction. From the invoice you are required to: a) Identified all elements of the invoice. Hence, in your opinion, explain why the elements of the documentation is important in the business operation. (20 marks) b) As a retailer, you are selling the products to your customer. If the product of the company costs you 25% of the operating expenses and you need 15% of net profit, and both based on cost as stated in the invoice, what will be the 1. ii. Selling price for each product given. Breakeven price for each product given. Calculate is the maximum markdown that could be offered to each product to get breakeven. 111 (30 marks) c) From the finding above in (b), explain the changes in original selling from the manufacture) through the Markup and markdown. Justify your answer with facts and examples from (b). (10 marks) CUISJEDU Assume you are a retailer; you are doing business in selling some products. Find an invoice which is available online (you can use Google image). Please make sure that there are elements discount in the transaction. From the invoice you are required to: a) Identified all elements of the invoice. Hence, in your opinion, explain why the elements of the documentation is important in the business operation. (20 marks) b) As a retailer, you are selling the products to your customer. If the product of the company costs you 25% of the operating expenses and you need 15% of net profit, and both based on cost as stated in the invoice, what will be the 1. ii. Selling price for each product given. Breakeven price for each product given. Calculate is the maximum markdown that could be offered to each product to get breakeven. 111 (30 marks) c) From the finding above in (b), explain the changes in original selling from the manufacture) through the Markup and markdown. Justify your answer with facts and examples from (b). (10 marks)
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