wyatt oil has 8 million shares outstanding and is about to issue 10 million new shares in an ipo. the ipo price has been set at $15 per share, and the underwriting spread is 6%. the ipo is a big success with investors, and the share price rises to $35 on the first day of trading. suppose that the post ipo value of wyatt is its fair market value. suppose wyatt could have issued shares directly to investors at their fair market value, in a perfect market with no underwriting spread and no underpricing. if you raise the same amount of funds that you would have with the investment banker handling the underwriting, the share price in this case is closest to: group of answer choices $35. $37. $46. $61.

The option that is not considered to be one of the four basic patterns of time series data is c) Vertical.

The four basic patterns of time series data are as follows:

a) Horizontal: This pattern occurs when there is no significant trend or seasonality in the data. The data points fluctuate around a constant mean value over time, displaying a horizontal or nearly horizontal line on a plot.

b) Trend: This pattern refers to a long-term increase or decrease in the data over time. It indicates a systematic change in the series' average value, exhibiting an upward or downward direction on a plot.

c) Vertical: The option "Vertical" is not recognized as one of the basic patterns of time series data. It is incorrect to consider vertical as a pattern.

d) Seasonality: This pattern refers to regular and predictable fluctuations in the data that occur within specific time intervals, such as daily, weekly, monthly, or yearly cycles. Seasonality often results from factors like weather, holidays, or economic cycles.

Therefore, the correct answer is c) Vertical, as it does not represent a recognized pattern in time series data analysis.

To know more about time series, visit:

https://brainly.com/question/29818565#

#SPJ11

Answer:mk

Explanation:km

The additional funds needed for the coming year for Broussard Skateboard would be $1,716,800.

To calculate the additional funds needed, we first need to calculate the increase in assets required to support the projected increase in sales. Since assets must grow at the same rate as projected sales and the current assets at the end of 2018 were $3 million, the additional assets needed for 2019 would be:

Additional assets = 20% x $3 million = $0.6 million

Next, we need to calculate the increase in retained earnings required to support the projected increase in sales. The after-tax profit margin is projected to be 4%, so the net income would be:

Net income = 4% x $9.84 million = $393,600

The retained earnings would increase by this amount, and the total retained earnings at the end of 2019 would be:

Retained earnings = $393,600 + $0 = $393,600

Finally, we need to calculate the additional funds needed, which is the difference between the additional assets needed and the increase in retained earnings. Therefore, the additional funds needed would be:

Additional funds needed = $0.6 million - $393,600 = $1,706,400

Since the company has current liabilities of $1.4 million, we need to add this to the additional funds needed to arrive at the final answer:

Additional funds needed = $1,706,400 + $1,400,000 = $3,106,400

Rounding this to the nearest dollar gives us $3,106,000.

Learn more about funds here

https://brainly.com/question/30236770

#SPJ11

The most appropriate response to the vendor's offer of the company yacht for the upcoming three-day weekend is to decline the offer and avoid any potential conflicts of interest.

As a project manager, it is important to maintain objectivity and avoid any actions or decisions that could compromise the integrity of the project or the organization. Accepting gifts or favors from vendors can create conflicts of interest and raise questions about the fairness and transparency of the procurement process. Even if the use of the company yacht has no direct bearing on the project, accepting such an offer could be perceived as unethical and potentially damaging to the organization's reputation. Therefore, it is best to politely decline the offer and maintain a professional relationship with the vendor based on the merits of their products and services.

Learn more about conflicts here

https://brainly.com/question/30091882

#SPJ11

The price-earnings ratio for Napoli Industries at the end of year 2 is 32.31.

To calculate the price-earnings ratio for Napoli Industries at the end of year 2, we need to divide the market price per share by the earnings per share. First, we need to calculate the earnings per share by dividing the net income by the average number of shares outstanding:

Earnings per share = Net income / Average number of shares outstanding
Earnings per share = $877,500 / 675,000
Earnings per share = $1.30

Next, we can calculate the price-earnings ratio by dividing the market price per share by the earnings per share:

Price-earnings ratio = Market price per share / Earnings per share

Using the market price of $42 per share at the end of year 2:

Price-earnings ratio = $42 / $1.30
Price-earnings ratio = 32.31.

To calculate the price-earnings ratio for Napoli at the end of year 2, follow these steps:

1. Determine the earnings per share (EPS): Divide the net income by the average number of shares outstanding.
EPS = Net Income / Average Number of Shares Outstanding
EPS = $877,500 / 675,000 shares
EPS = $1.30

2. Determine the market price per share at the end of year 2: The market price per share on December 31, year 2, is given as $42 per share.

3. Calculate the price-earnings (P/E) ratio: Divide the market price per share by the earnings per share.
P/E Ratio = Market Price per Share / Earnings per Share
P/E Ratio = $42 / $1.30
P/E Ratio = 32.31

The price-earnings ratio for Napoli at the end of year 2 is 32.31.

Learn more about shares

https://brainly.com/question/25562729

#SPJ11

Antitrust laws, also known as competition laws, are laws meant to eliminate collusion and promote fair competition among firms in a market. They are designed to prevent monopolies and other forms of anti-competitive behavior that could harm consumers by driving up prices or limiting choices.

Antitrust laws are an important part of ensuring a competitive and fair market economy. Antitrust laws are a set of regulations that seek to promote a level playing field for businesses in a market. These laws prohibit a variety of anti-competitive practices, such as price fixing, bid rigging, and market allocation agreements. They also prevent mergers and acquisitions that would create monopolies or substantially reduce competition.

Antitrust laws are enforced by government agencies, such as the Federal Trade Commission (FTC) and the Department of Justice (DOJ). These agencies investigate and prosecute violations of antitrust laws, such as anti-competitive behavior by companies or mergers that could harm competition.

Antitrust laws play an important role in ensuring a healthy and competitive market economy. By promoting fair competition, antitrust laws can help to keep prices low, spur innovation, and improve the quality of goods and services. They are an essential tool for preventing the abuse of market power by companies and protecting the interests of consumers.

In summary, antitrust laws are legislation enacted to prevent collusion, eliminate monopolies, and promote competition among firms. They are an important tool for ensuring a fair and competitive market economy and are enforced by government agencies such as the FTC and DOJ.

Learn more about antitrust laws

https://brainly.com/question/13800256

#SPJ11

False. While distribution activities are a component of small business marketing, marketing as a whole involves much more than just the flow of goods and services.

Small business marketing refers to the overall process of promoting and selling products or services to consumers or users. This includes activities such as market research, branding, advertising, pricing, sales, and customer relationship management. It is a comprehensive approach to building and maintaining customer relationships and driving business growth. Therefore, the definition provided in the question is too narrow and does not fully capture the essence of small business marketing.Small business marketing can be best defined as the performance of distribution activities that affect the flow of goods and services from producer to consumer or user. This process involves identifying customer needs, promoting the products or services, and ensuring they reach the target audience.

To know more about marketing visit:

brainly.com/question/27155256

#SPJ11

The net change in the cash cycle is a decrease of 1 day. The net change in the cash cycle can be calculated using the formula: Cash Cycle = Inventory Days + Accounts Receivable Days - Accounts Payable Days.

Given the information in the question, the firm decreased its inventory by 3 days of sales, which means the inventory days would decrease by 3. It also increased its accounts payable by 4 days, which means the accounts payable days would increase by 4. Additionally, the firm increased accounts receivable by 2 days, which means the accounts receivable days would increase by 2.

Using the formula and plugging in the changes, we get:

Cash Cycle = Inventory Days - 3 + Accounts Receivable Days + 2 - Accounts Payable Days - 4

Simplifying, we get:

Cash Cycle = Inventory Days - 1 + Accounts Receivable Days - Accounts Payable Days

Therefore, the net change in the cash cycle is a decrease of 1 day.

To know more about cash cycle, refer

https://brainly.com/question/19595232

#SPJ11

After a real negative shock, government spending only improves growth minimally and aggregate demand doesn't fully recover because of crowding out. Option d is the answer.

After a real negative shock, such as a recession, government spending can improve growth minimally and aggregate demand may not fully recover due to crowding out. This is because when the government increases spending, it may have to borrow money, which can lead to higher interest rates and reduced private investment.

Additionally, the Ricardian equivalence theory suggests that people may anticipate future tax increases to pay for the increased government spending, causing them to save more and spend less, further limiting the impact of government spending on aggregate demand. Wealth effects, such as changes in asset prices, can also impact consumer spending and limit the effectiveness of government spending. Option d is the answer.

To know more about government, here

https://brainly.com/question/4160287

#SPJ4

--The complete question is, after a real negative shock, government spending only improves growth minimally and aggregate demand doesn't fully recover because of: group of answer choices

a. effectiveness lags.

b. wealth effects.

c. ricardian equivalence.

d. crowding out.--

When listening actively to an irate customer describing their incident or complaint, it is important to do all of the above: listen for the central theme, try not to get bogged down by angry words, and let the customer know that you will do all that you can to help.  So, the correct option is d. All of the above.

By listening for the central theme, you can understand the root cause of the customer's frustration and work towards finding a solution. It is also important to not get bogged down by angry words or exaggerated statements, as this can distract from the main issue at hand.

Instead, focus on the facts and try to remain calm and professional. Finally, let the customer know that you will do all that you can to help, whether it be offering a solution or escalating the issue to a higher authority. By showing empathy and a willingness to help, you can potentially diffuse the customer's anger and find a resolution to their problem.

To know more about listening refer here:

https://brainly.com/question/18559395#

#SPJ11

Thus, the fair price per share for Benjamin Garcia's start-up business would be $17.26.

To calculate the fair price per share, we need to first determine the post-investment valuation of the company. Since the angel investor is investing $205,000 for a share of 25% in the company, we can calculate the post-investment valuation as follows:

$205,000 = 25% x Post-Investment Valuation
Post-Investment Valuation = $820,000

Now that we know the post-investment valuation, we can calculate the total number of shares in the company:

$820,000 / Fair Price Per Share = 38,000 + Investor's Shares
Investor's Shares = 9,500 (25% of total shares)

Total Shares = 47,500

Therefore, the fair price per share can be calculated as:

Fair Price Per Share = Post-Investment Valuation / Total Shares
Fair Price Per Share = $820,000 / 47,500
Fair Price Per Share = $17.26

Therefore, a fair price per share for Benjamin Garcia's start-up business would be $17.26. This price would allow the angel investor to invest $205,000 for a 25% share in the company, while still maintaining Benjamin's ownership of the remaining 75%.

Know more about the fair price

https://brainly.com/question/28240645

#SPJ11

Ellen is not correct, although she may have been receiving annuity payments equal to 13% of the partnership's net profits, this does not automatically make her a partner in the firm.

Partnership law requires that there be an agreement, either written or oral, between the partners for the formation of a partnership. In this case, there is no evidence that Ellen was ever included in the original partnership agreement.

Furthermore, Ellen's expertise in the field does not automatically make her a partner either. Partnership law requires that partners contribute something of value to the partnership, such as capital or labor. Ellen's expertise may be valuable to the partnership, but it is not considered a contribution of capital or labor.

Therefore, unless there is evidence that Ellen was included in the original partnership agreement or that the partners agreed to include her as a partner after Paul's death, Ellen is not considered a partner in the firm.

To know more about annuity  visit:

https://brainly.com/question/31193897

#SPJ11

Job performance may be defined as an individual's current capacity to perform the various tasks in a job.

Job performance is typically measured in terms of the skills, knowledge, and abilities that an individual brings to a particular job. This can include technical skills, such as proficiency with specific tools or software, as well as more general skills like communication, problem-solving, and teamwork. Job performance is an important consideration for employers, as it can impact productivity, profitability, and overall success. Employers often evaluate job performance through various methods, including performance reviews, productivity metrics, and feedback from colleagues and customers. By assessing job performance, employers can identify areas for improvement and provide training and development opportunities to help employees develop new skills and improve their job performance over time. This can benefit both the employee and the organization, leading to increased productivity, job satisfaction, and overall success.

Learn more about Job performance here:

https://brainly.com/question/31150065

#SPJ11

Strong ties are characterized by a close and intimate relationship between individuals, while weak ties are characterized by a more distant and less intimate relationship between individuals.

The concept of strong and weak ties was introduced by sociologist Mark Granovetter in 1973. Strong ties refer to close and intimate relationships between individuals, such as between family members or close friends. These relationships are based on frequent interaction, emotional support, and shared experiences. In contrast, weak ties refer to more distant and less intimate relationships between individuals, such as between acquaintances or colleagues. These relationships are based on infrequent interaction and are often limited to a specific context, such as a workplace or social event.

The strength of ties between individuals has important implications for social networks and the spread of information or resources within those networks. Strong ties are more likely to facilitate the transmission of information and resources that are closely held within a particular social group, while weak ties are more likely to bridge different social groups and facilitate the spread of information or resources between them. Ultimately, both strong and weak ties play important roles in shaping social networks and the distribution of resources and information within those networks.

To learn more about Mark Granovetter : brainly.com/question/31704183

#SPJ11

Acquiring the capacity abroad to provide inputs for foreign or domestic production processes by investing in upstream facilities, typical factories, assembly plants, or refining operations, is an example of vertical integration.

Vertical integration refers to a situation where a firm expands its business into different stages of the production process, from raw materials to finished goods. In this case, the firm is investing in upstream facilities to gain more control over the supply chain and reduce dependence on external suppliers.

This can lead to cost savings, improved quality control, and greater flexibility in responding to changing market conditions.

However, it also involves significant risks and challenges, such as managing complex operations, coordinating different parts of the supply chain, and dealing with regulatory and cultural differences in foreign markets.

Overall, vertical integration is a strategic decision that requires careful consideration of the firm's goals, resources, and capabilities, as well as the opportunities and threats in the external environment.

know more about vertical integration here:

https://brainly.com/question/19815172

#SPJ11

The correct answer is d) a turkish noble. Timur, who emerged as a new conqueror as Mongol rule declined, began as a Turkish noble. Timur, also known as Tamerlane, was born in 1336 CE in what is now Uzbekistan.

He belonged to the Barlas tribe, which was of Turkish origin. Timur grew up in a noble family and received a military education. He began his career as a soldier and later became a chieftain, leading raids against neighboring tribes. As his power grew, he began to conquer larger territories, including parts of Persia, Central Asia, and India. Timur was known for his military tactics, brutal conquests, and architectural achievements. He built grand monuments and mosques in the cities he conquered, including the famous Registan complex in Samarkand. Timur's empire was short-lived, however, and he died in 1405 CE. Despite his short reign, Timur's legacy had a lasting impact on the regions he conquered, shaping the history and culture of Central Asia and beyond.

To know more about Turkish visit :

https://brainly.com/question/2793588

#SPJ11

The statement that the four categories of expenditure (spending) in the economy are wages, rent, interest, and profit is false.

These terms represent different types of income, not expenditure. The four categories of expenditure in the economy are actually consumption, investment, government spending, and net exports.

Learn more about "categories of expenditure" at https://brainly.com/question/832717

#SPJ11

Solvency refers to a company's ability to meet long-term obligations and generate future revenues. It is a measure of a company's financial health and stability.

An explanation of the other terms you mentioned are as follows:
- Liquidity refers to a company's ability to meet short-term obligations and have enough cash on hand.
- Efficiency refers to a company's ability to use its resources effectively and efficiently to generate profits.
- Profitability refers to a company's ability to generate profits and earn a return on investment.
- Market prospects refer to the potential for a company's products or services to succeed in the market.
- Creditworthiness refers to a company's ability to repay its debts and meet financial obligations.

In summary, solvency is the term used to describe a company's ability to meet long-term obligations and generate future revenues.

learn more about Liquidity click here:

https://brainly.com/question/13873343

#SPJ11

The term "backward invention" refers to the process of simplifying or adapting a product to make it more suitable for a foreign market.

Therefore, a firm would be most likely to use backward invention in situation C, when it needs to offer a less complex product in a foreign market than it sells elsewhere. This is because the firm needs to adjust its product to fit the specific needs or preferences of the foreign market, which may require simplification or adaptation.

In situations A and E, the firm is entering a new market, but it may not necessarily need to simplify or adapt its product. In situation B, the firm is using a straight extension strategy, which involves minimal changes to the product for international markets. In situation D, the firm is engaging in the illegal practice of dumping, which involves selling products in foreign markets at prices lower than the domestic market, and is not related to backward invention.

Learn more about market here:

https://brainly.com/question/27847462

#SPJ11

Rhonda Lloyd's nine years of experience working as a renewable energy campaigner in a remote region of Indonesia would have provided her with a combination of documented, meta, explicit, and tacit knowledge regarding the dynamics of village communities and the apprehensions of the locals.

Documented knowledge would include any formal reports, studies, or surveys conducted during her time in Indonesia, which could provide valuable insights into the specific challenges and opportunities for renewable energy adoption in the region. This knowledge would be based on data that has been collected, analyzed, and documented, making it accessible to others who may be working in the same field.

Meta knowledge, on the other hand, refers to the broader insights and understanding that Rhonda gained from her experiences working with the local communities in Indonesia. This would include knowledge about the local culture, values, and traditions that influence the way people interact with each other and with the environment. Meta knowledge is often difficult to articulate or document, but it can be invaluable for developing effective strategies for engaging with local communities.

Explicit knowledge is the kind of knowledge that can be easily articulated and communicated to others. This could include knowledge about the technical aspects of renewable energy systems, such as how solar panels work or how to design a micro-hydro system. This kind of knowledge is important for communicating with stakeholders who may not have the same level of expertise in the field.

Finally, tacit knowledge refers to the kind of knowledge that is gained through experience and practice. This would include Rhonda's understanding of the subtle nuances of communicating with different groups within the local community, as well as her ability to navigate complex social and political dynamics. Tacit knowledge is often difficult to articulate or teach to others, but it can be incredibly valuable for developing effective strategies for community engagement and sustainable development.

In summary, Rhonda's nine years of experience working as a renewable energy campaigner in Indonesia would have provided her with a range of documented, meta, explicit, and tacit knowledge that would be invaluable for understanding the dynamics of village communities and the apprehensions of the locals. This knowledge would be based on a combination of data, insights, technical expertise, and practical experience, and would be essential for developing effective strategies for sustainable development in the region.

Know more about Documented knowledge here:

https://brainly.com/question/28258188

#SPJ11

The cash flow resulting from a firm's ongoing, normal business activities is referred to as the operating cash flow (A).

Operating cash flow, also known as cash flow from operations, is a measure of the cash generated or used by a company's primary business activities. It represents the cash flow resulting from the day-to-day operations of a business, such as sales and expenses. Operating cash flow is calculated by subtracting a company's operating expenses from its revenues and adding back non-cash items such as depreciation and amortization.

In contrast to operating cash flow, cash flow to retained earnings (B) and cash flow to investors (E) represent cash flows that are distributed to shareholders and investors, respectively. Net capital spending (C) represents the amount of cash a company spends on long-term assets such as property, plant, and equipment, while additions to net working capital (D) represent changes in a company's current assets and liabilities.

Therefore, the correct answer is A. operating cash flow.

Learn more about cash flow here

https://brainly.com/question/735261

#SPJ11

The "no applicable method for 'predict' applied to an object of class "factor" error can be resolved by checking the data format, ensuring the correct model is being used, reviewing the code, and checking dependencies and data types.

The error "no applicable method for 'predict' applied to an object of class "factor" typically occurs when trying to make predictions using a factor variable instead of a model. In other words, it means that the prediction function cannot be applied to a categorical variable.

To solve this error, it is necessary to check if the input data is in the correct format. If the data is categorical, it is necessary to transform it into a numeric or binary format using techniques such as one-hot encoding or dummy variable encoding.

Alternatively, if the data is in the correct format, it may be necessary to review the code and ensure that the correct model is being used for prediction.

It is also important to ensure that the correct packages are loaded and that all necessary dependencies are installed. Additionally, double-checking the input and output data types can help to identify any errors that may be causing the problem.

In summary, the "no applicable method for 'predict' applied to an object of class "factor" error can be resolved by checking the data format, ensuring the correct model is being used, reviewing the code, and checking dependencies and data types.

To know more about predict refer here:

https://brainly.com/question/18152997#

#SPJ11

Answer:

True

Explanation:

because it stops from firms to enter the market due to high barriers of enter so the Monopolist will have no competition and will increase their profit margins since the consumers will have no option but to pay so it will increase the monopolist profits in a long run..

The lost profits from lost customers are an example of **opportunity cost**.

Opportunity cost refers to the value of the next best alternative foregone when making a decision. In the case of lost profits from lost customers, the opportunity cost is the revenue and profits that would have been generated if the customers had not been lost. This cost is not reflected in accounting statements, as it represents a missed opportunity rather than an actual expense. However, opportunity costs can have a significant impact on decision-making, as they help to quantify the benefits of different options and can highlight trade-offs between competing alternatives. By considering opportunity costs, businesses can make more informed decisions and prioritize actions that are most likely to maximize their long-term profitability and growth.

Learn more about Opportunity cost here:

https://brainly.com/question/31580865

#SPJ11

In order to better understand their own product's position in the marketplace, salespeople need market intelligence.

Market intelligence refers to the collection and analysis of information on various factors that can impact sales, including the competition, customer behavior, market trends, and pricing strategies. By gaining insights into these factors, salespeople can better understand their product's position in the market, identify potential areas for improvement, and make informed decisions about pricing, promotion, and distribution.

Market intelligence can be gathered through a variety of methods, such as analyzing sales data, conducting surveys and focus groups with customers, monitoring competitor activity, and gathering information from industry reports and publications. With a solid understanding of market intelligence, salespeople can make more informed decisions about how to position their product in the market and effectively communicate its value to customers.

Learn more about market intelligence here

https://brainly.com/question/30757927

#SPJ11

From an economic perspective, the socially best amount of pollution control is that amount which balances the benefits of pollution reduction against the costs of implementing the pollution control measures. The ideal amount of pollution control would be where the marginal cost of reducing pollution is equal to the marginal benefit of reducing pollution.

On the one hand, pollution control measures can have significant benefits for the environment, public health, and quality of life. Reducing pollution can lead to improved air and water quality, reduced health risks, and increased biodiversity. These benefits can result in improved productivity, reduced healthcare costs, and increased property values, among other benefits.

On the other hand, pollution control measures come at a cost. Businesses and industries may face higher costs of compliance, which could lead to decreased profitability, and higher prices for consumers. In some cases, businesses may even be forced to shut down or relocate, resulting in job losses and economic disruption.

Therefore, the socially best amount of pollution control is where the benefits of reducing pollution outweigh the costs of implementing the pollution control measures. This can be determined through careful analysis and evaluation of the costs and benefits of different pollution control options. Ultimately, the goal is to find a balance between environmental protection and economic growth, where the costs and benefits of pollution control are distributed fairly among different stakeholders.

Know more about pollution reduction here:

https://brainly.com/question/29794976

#SPJ11

Answer:

Explanation:

However, in general, if the price of a product were $30 per unit and the cost of producing each unit was less than $30, the firm would earn a profit on each unit sold. The exact amount of profit would depend on the difference between the selling price and the cost per unit.

If the cost of producing each unit was equal to or greater than $30, the firm would not earn a profit on each unit sold. In this case, the firm would need to consider ways to reduce its costs or increase its selling price in order to become profitable.

It is also worth noting that pricing decisions are often influenced by a variety of factors, such as market demand, competition, and production capacity, and that firms must consider these factors when setting their prices.

To know more about price refer here

https://brainly.com/question/19091385#

#SPJ11

The terms that refers to choices made from among two or more alternatives is (B) Decision.

A decision is a choice made after considering various options or alternatives. It involves selecting the best course of action from among available alternatives based on a set of criteria or preferences. Decision-making is an essential function of management and involves analyzing information, weighing the pros and cons, and making a choice that is in the best interest of the organization.

A) Inquiry refers to seeking information or knowledge through questioning or investigation.

C) Perception refers to the process by which individuals interpret and make sense of sensory information received from their environment.

D) Intuition refers to the ability to understand something instinctively, without the need for conscious reasoning.

E) Rationalization refers to the process of justifying or explaining something logically or rationally.

Therefore, the correct answer is option B) Decision.

To learn more about Decisions, visit: https://brainly.com/question/31064609

#SPJ11

projected net income for the proposed investment is $85,655.50.

To calculate the projected net income, we need to first determine the total costs associated with the proposed investment. We can do this by using the formula:
Total Costs = Variable Costs + Fixed Costs + Depreciation
Variable Costs are given as 42% of sales, so we can calculate them as:
Variable Costs = 0.42 * $675,000 = $283,500
Fixed Costs are given as $192,000 and Depreciation is given as $91,000. Therefore:
Total Costs = $283,500 + $192,000 + $91,000 = $566,500
Now, we can use the formula for Net Income:
Net Income = (Sales - Total Costs) * (1 - Tax Rate)
where Tax Rate is given as 23%.
Substituting the values, we get:
Net Income = ($675,000 - $566,500) * (1 - 0.23) = $85,655.50
To know more about investment visit:

brainly.com/question/15105766

#SPJ11

A middleman that purchases goods in large quantities and then sells them to retailers is called a wholesaler.

Wholesalers typically buy products in bulk from manufacturers or other suppliers and then sell them in smaller quantities to retailers or other buyers. They serve as intermediaries between manufacturers and retailers, providing a valuable link in the supply chain by helping to ensure that goods are distributed efficiently and at a reasonable cost.Wholesalers can provide a number of benefits to retailers, including access to a wider range of products, lower prices due to economies of scale, and logistical support such as warehousing and delivery services. They can also help manufacturers by providing a reliable outlet for their products and by handling the distribution and marketing of those products to retailers.

To know more about distribution visits :

https://brainly.com/question/29664127

#SPJ11