When determining markup as a percentage of cost, divide the markup amount by A) price. B) cost. ...

Author Question: When determining markup as a percentage of cost, divide the markup amount by A) price. B) cost. ... (Read 112 times)

MirandaLo

Hero Member
Posts: 538

on: Jun 29, 2018

When determining markup as a percentage of cost, divide the markup amount by
A) price.
B) cost.
C) quantity.
D) revenue.
E) 100.

Question 2

Markup is measured either as a percentage of ____ or a percentage of ____.
A) selling price; cost
B) cost; profit
C) revenue; contribution margin
D) resources used; cost
E) demand; competition

epscape

Sr. Member
Posts: 335

Reply #1 on: Jun 29, 2018

Answer to Question 1

B

Answer to Question 2

A

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MirandaLo

Hero Member
Posts: 538

Reply #2 on: Jun 29, 2018

Thank you

epscape

Sr. Member
Posts: 335

Reply #3 on: Jun 29, 2018

Happy to help you

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Author Question: When determining markup as a percentage of cost, divide the markup amount by A) price. B) cost. ... (Read 112 times)

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