Regarding wholesalers, which of the following types has the LOWEST costs as a percent of sales?

Question

Quizplus · Accepted Answer

Agent wholesalers typically have the lowest costs as a percent of sales because they do not take ownership of the products they sell; instead, they earn a commission on the sales they make for manufacturers or other businesses. This means they do not have to incur the costs associated with buying, storing, and transporting inventory, which reduces their overall expenses.

Regarding Wholesalers, Which of the Following Types Has the LOWEST