Author Question: When determining markup as a percentage of cost, divide the markup amount by A) price. B) cost. ... (Read 179 times)

MirandaLo

  • Hero Member
  • *****
  • Posts: 538
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
Answer to Question 1

B

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

For a complete list of videos, visit our video library