cellgateusa

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1.
1 point
Product Face Value is $40, Company purchased this product with 10% discount.What is company COGS?
2.
1 point
Product Face Value is $40, Company purchased this product with 10% discount.What is company's profit if product was sold at face value?
3.
1 point
Product Face Value is $40, Company purchased this product with 10% discount.
Company Sold this product to a retailer with 8% discount of face value.What is company COGS?
4.
1 point
Product Face Value is $40, Company purchased this product with 10% discount.
Company Sold this product to a retailer with 8% discount of face value.What is company Profit ?
5.
1 point
Product Face Value is $40, Company purchased this product with 10% discount.
Company Sold this product to a retailer with 8% discount of face value.What is retailer's Profit ?
6.
1 point
Product Face Value is $40, Company purchased this product with 10% discount.Company Sold this product to a retailer with 8% discount of face value.Then Company received an additional $6 bonus from the carrier for this product. What is company total Profit ?
7.
1 point
Product Face Value is $40, Company purchased this product with 10% discount.Company Sold this product to a retailer for $30.Then Company received an additional $6 bonus from the carrier for this product. What is company total Profit ?
8.
1 point
Product Face Value is $40, Company purchased this product with 10% discount.Company Sold this product to a retailer for $30.Then Company received an additional $6 bonus from the carrier for this product. Also Company received 3% additional residual from the carrier (Residual is a recurring revenue received every time customer renews the service for this product) What is company total Profit ?
9.
1 point
Product Face Value is $40, Company purchased this product with 10% discount.Company Sold this product to a retailer for $30.Then Company received an additional $6 bonus from the carrier for this product. Also Company received 3% additional residual from the carrier (Residual is a recurring revenue received every time customer renews the service for this product) What is company total Profit, if the customer renews the service for 10 months?
10.
1 point
Product Face Value is $40, Company purchased this product with 10% discount.Company Sold this product to a retailer for $30.Then Company received an additional $6 bonus from the carrier for this product. Also Company received 3% additional residual from the carrier (Residual is a recurring revenue received every time customer renews the service for this product) Then Company paid 1% residual to retailer. How much residual did the retailer earn?
11.
1 point
Product Face Value is $40, Company purchased this product with 10% discount.Company Sold this product to a retailer for $30.Then Company received an additional $6 bonus from the carrier for this product. Also Company received 3% additional residual from the carrier (Residual is a recurring revenue received every time customer renews the service for this product) Then Company paid 1% residual to retailer. How much residual did the company earn?
12.
1 point
Product Face Value is $40. Company pays1% residual (residual is an ongoing commission. As long as customer renews the service; company will pay the agent) off of face value to an agent for this product (Agent is between company and retailer, Agent is considered a distributor for the company). How much profit has the agent earned if retailer has sold the product for $100.
13.
1 point
Product Face Value is $40. Company pays1% residual (residual is an ongoing commission. As long as customer renews the service; company will pay the agent) off of face value to an agent for this product (Agent is between company and retailer, Agent is considered a distributor for the company). How much profit has the agent earned if the product is renewed (service was replenished) for 5 months.
14.
1 point
If company pays 1% residual to an agent for a $40 product;; how much will be agents’ residual payment for the 2nd month if 10 units are sold 1st month and 5 renewed and stayed with the carrier 2nd month?
15.
1 point
If company pays 1% residual to an agent for a $40 product; how much will be agents’ residual payment for the 3rd month if 10 units are sold 1st month and 3 renewed and stayed with the carrier 3rd month?
16.
1 point
Product face value is $100 to consumer. Company buys the product with 10% discount. Company pays 2% Commission to the agent (distributor) off of face value. Company gives 5% discount off of face value to the retailer. Retailer will sell the product for the face value to the consumer.
How much is the company's profit when 5 units are sold?
17.
1 point
Product face value is $100 to consumer. Company buys the product with 10% discount. Company pays 2% Commission to the agent (distributor) off of face value. Company gives 5% discount off of face value to the retailer. Retailer will sell the product for the face value to the consumer.
How much is the agent's profit when 5 units are sold?
18.
1 point
Product face value is $100 to consumer. Company buys the product with 10% discount. Company pays 2% Commission to the agent (distributor) off of face value. Company gives 5% discount off of face value to the retailer. Retailer will sell the product for the face value to the consumer.
How much is the retailer's profit when 5 units are sold?
19.
1 point
Product face value is $100 to consumer. Company buys the product with 10% discount. Company pays 2% Commission to the agent (distributor) off of face value. Company gives 5% discount off of face value to the retailer. Retailer will sell the product for the face value to the consumer.
How much is the accounts payable of the company to the vendor for the 5 units sold?
20.
1 point
Product face value is $100 to consumer. Company buys the product with 10% discount. Company pays 2% Commission to the agent (distributor) off of face value. Company gives 5% discount off of face value to the retailer. Retailer will sell the product for the face value to the consumer.
How much is the total COGS for the company for the 5 units sold by the agent's retailer to the consumer?
21.
1 point
Product face value is $100 to consumer. Company buys the product with 10% discount. Company pays 2% Commission to the agent (distributor) off of face value. Company gives 5% discount off of face value to the retailer. Retailer will sell the product for the face value to the consumer.
How much is the AR from the retailer for the 5 units sold by the agent's retailer to the consumer?
22.
1 point
Product face value is $100 to consumer. Company buys the product with 10% discount. Company pays 2% Commission to the agent (distributor) off of face value. Company gives 5% discount off of face value to the retailer. Retailer will sell the product for the face value to the consumer.
How much is the AP to the agent for the 5 units sold by the agent's retailer to the consumer?
23.
1 point
If the company brings on board 10 retailers each month; and each month, each retailer would bring on board 20 customers; how many retailers will the company have after 3 months ( assuming that company will retain all retailers)?
24.
1 point
If the company brings on board 10 retailers each month; and each month, each retailer would bring on board 20 customers; how many consumers will the company have after 3 months ( assuming that company will retain all retailers and all consumers month after month)?
25.
1 point
If the company pays $100 per new retailer signup to the sales rep and each sales rep brings on board 10 retailers each month; and each month, each retailer would bring on board 20 customers; how much in total, company has to pay the sales reps on the 3rd month if 3 reps had added 30 new retailers? ( assuming that company will retain all retailers and all consumers month after month)?
26.
1 point
Retailer A sells 100 units and retailer B sells 20 units month over month. Retailer A units are not renewed month over month. Retailer B 20 units month over month always 100% renew their service. Both retailer A and Retailer B bring 1% of face value of profit per unit that renews to the company starting from the 1st time unit sold. Each unit sold has the face value of $50. After 3 months how much profit is made for the company?
27.
1 point
Retailer A sells 100 units and retailer B sells 20 units month over month. Retailer A units are not renewed month over month. Retailer B 20 units month over month always 100% renew their service. Both retailer A and Retailer B bring 1% of face value of profit per unit that renews to the company starting from the 1st time unit sold. Each unit sold has the face value of $50. After 3months how much profit per month is the company earning from retailer A?
28.
1 point
There are 2 types of retailers that do business with the company, one is a prepaid retailer that deposits money to the bank account of the company prior to making a purchase and one is post paid retailer that company would deduct the amount minus the discount rate given to the retailer after the retailer makes the sell. If a post paid retailer makes $1000 in sells of a product that company has given the retailer 6% discount. Then what will be the amount that company must deduct from the retailer bank account?
29.
1 point
There are 2 types of retailers that do business with the company, one is a prepaid retailer that deposits money to the bank account of the company prior to making a purchase and one is post paid retailer that company would deduct the amount minus the discount rate given to the retailer after the retailer makes the sell.
If a prepaid retailer makes a deposit of $1000 to the company bank account and If a prepaid retailer makes $1000 in sells of a product that company has given the retailer 6% discount. Then what will be the amount that company holds as a liability toward the prepaid paid retailer?
30.
1 point
If in the previous question, deposit is made to the pay pal ccount, and it was manually entered into the prepaid platform and credit was given to the retailer, then the amount was entered manually into quick books. In this case what accounts must be reconciled? (More than 1 answer can be chosen)