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Nike sold a pair of shoes to a retailer for $100. The retailer sold the shoes to you for $125. It cost Nike $80 to
Nike sold a pair of shoes to a retailer for $100. The retailer sold the shoes to you for $125. It cost Nike $80 to make the shoe. It cost the retailer $105 total to buy and sell the shoe. Which answer below is not correct?
a. | Nike will make $20 on the transaction | |
b. | The retailer will make $20 on the transaction | |
c. | They both will have the same revenue on the sale | |
d. | They both will have the same net profit on the sale |
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