Cryptocurrency Q&A
What is the list price and pocket price?
What is the list price and pocket price?
Maria
Tue Jul 23 2024
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7
answers
2073
I don't understand this question. Could you please assist me in answering it?
7 answers
Federico
Thu Jul 25 2024
The pocket price, also known as the net selling price, refers to the final price after deductions for discounts, rebates, promotional offers, free freight, and any other concessions.
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CryptoVisionary
Thu Jul 25 2024
This price is significant in determining the profitability of a sales transaction, as it represents the actual revenue generated from the sale.
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SakuraBlooming
Thu Jul 25 2024
To calculate the contribution margin of a sale, one must subtract the cost of goods sold (COGS) from the pocket price.
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CryptoEmpire
Thu Jul 25 2024
The contribution margin represents the portion of the sales revenue that contributes to covering overhead costs and generating profit.
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Bianca
Wed Jul 24 2024
A higher pocket price, relative to the COGS, typically results in a higher contribution margin, indicating greater profitability for the seller.
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