It is pertinent to note that the cost of a fixed asset is its purchase price, including import duties and other deductible trade discounts and rebates.
The firm expanded throughout the 1880s by creating an agency network, establishing sixteen offices in nearby settlements, and offering free trade discounts on their beer of 20 percent or higher.
Trade discounts are most frequent in industries where retailers hold the majority of the power in the distribution channel (referred to as channel captains).