When a is offered on lower-priced items as a sales promotion, the time and trouble of mailing in a proof of purchase to get the rebate check often means that many buyers never take advantage of it.

Rebate

Explanation:

rebate in marketing can be regarded as a promotion techniques in sales it is a form of discount when buying product, it can be explained as as cash refund , it is when some of the paid cash by buyer is been returned to him/her.

.It should be noted that When a rebate is offered on lower-priced items as a sales promotion, the time and trouble of mailing in a proof of purchase to get the rebate check often means that many buyers never take advantage of it.

income statement is prepared in order to show the profits and loss of a business. in order to prepare the income statement she should collect all the income and expenses of the product with the cost of production.

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