The whole inventory of goods that Larrenaga Wholesale Corporation had on hand was destroyed by fire on July 8. is $243,000 available.
In the wholesale market, goods are purchased in bulk from producers or manufacturers and sold in smaller numbers to retailers, who in turn sell the smaller quantities into their respective clients.
A wholesaler serves as the go-between for your retail store as well as the manufacturer when you purchase goods from them. An wholesale purchase almost always conducted in large quantities, and as a result, you pay less for the item.
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