Gray Uniforms is a wholesaler who sells school uniforms to retailers. On August 1,Gray contracts with Excel School Uniforms to sell 3,000 uniforms o Excel to be delivered September 1. The contract price is set at $200 each, The contract provides for a 10% volume discount if sales exceed 2,000 uniforms. The probability of sales of 2,000 uniforms is expected to be 60%. Using the most-likely-amount
approach, the consideration is estimated to be ________.
A) $250,000
B) $360,000
C) $400,000
D) $500,000
Answer: B
Business
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