Which of the following is the most likely example of a distribution channel with three intermediaries?
A) producer to agent/broker to wholesaler to retailer to consumer
B) producer to wholesaler to retailer to agent/broker to consumer
C) producer to retailer to wholesaler to agent/broker to consumer
D) producer to agent/broker to retailer to wholesaler to consumer
E) agent/broker to producer to wholesaler to retailer to consumer
Answer: A
Explanation: A) If there are three intermediaries, this is most likely to take the form of producer selling to a wholesaler via an agent or broker, and the wholesaler selling to a retailer, who sells to a consumer.
You might also like to view...
Trying ____ cases is a core governmental function that cannot be delegated to private
parties. Fill in the blanks with correct word
On January 1, July 1, and December 31, 2016, a condensed trial balance for Nelson Company showed the following debits and (credits):
01/01/16 07/01/16 12/31/16 Current Assets $200,000 $260,000 $340,000 Plant and Equipment (net) 500,000 510,000 510,000 Current Liabilities (50,000) (70,000) (60,000) Long-Term Debt (100,000) (100,000) (100,000) Common Stock (150,000) (150,000) (150,000) Other Paid-in Capital (100,000) (100,000) (100,000) Retained Earnings, January 1 (300,000) (300,000) (300,000) Dividends Declared 10,000 Revenues (400,000) (900,000) Expenses 350,000 750,000 Assume that, on July 1, 2016, Systems Corporation purchased the net assets of Nelson Company for $750,000 in cash. On this date, the fair values for certain net assets were: Current Assets $280,000 Plant and Equipment (remaining life of 10 years) 600,000 Nelson Company's books were NOT closed on June 30, 2016. For all of 2016, Systems' revenues and expenses were $1,500,000 and $1,200,000, respectively. Required: (1) Record the entry on Systems' books for the July 1, 2016 purchase of Nelson.