1. The purchase price is the price an investor pays for an investment, and the price becomes the investor’s cost basis for calculating gain or loss when selling the investment. The purchase price includes any commission or sales charges paid for the investment, and the weighted average cost is used for multiple purchases of the same security.
2. The right suppliers provide the most suitable goods or services at the most suitable prices and in the right time frames for your specific business needs.
3. Negotiating the right deal with your suppliers doesn't necessarily mean getting what you want at the cheapest possible price.
Answers & Comments
Answer:
1. The purchase price is the price an investor pays for an investment, and the price becomes the investor’s cost basis for calculating gain or loss when selling the investment. The purchase price includes any commission or sales charges paid for the investment, and the weighted average cost is used for multiple purchases of the same security.
2. The right suppliers provide the most suitable goods or services at the most suitable prices and in the right time frames for your specific business needs.
3. Negotiating the right deal with your suppliers doesn't necessarily mean getting what you want at the cheapest possible price.