This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the cost is 8.59 and the selling price is 14.19, what is the markup amount? A) 22.78 B) 14.19 ... (Read 115 times)

Beheh

  • Hero Member
  • *****
  • Posts: 520
on: Jun 24, 2018
If the cost is 8.59 and the selling price is 14.19, what is the markup amount?
 A) 22.78
  B) 14.19
  C) 5.60
  D) 1.65

Question 2

Which statement is true?
 A) Selling price equals cost minus markup amount.
  B) Markup amount equals cost plus markdown.
  C) Markup amount equals cost minus selling price.
  D) Selling price equals cost plus markup amount.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bassamabas

  • Sr. Member
  • ****
  • Posts: 294
Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

D


Beheh

  • Member
  • Posts: 520
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

cam1229

  • Member
  • Posts: 329
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Effect of Perceived Price of a Drug on Placebo Analgesia Effect of Perceived Price of a Drug on Placebo Analgesia
Alan Price - Poor People Alan Price - Poor People
Find the final amount if the initial amount is 400 units. Find the final amount if the initial amount is 400 units.
A spark plug thread chaser is a low-cost tool that hopefully will not be used often, but is ... A spark plug thread chaser is a low-cost tool that hopefully will not be used often, but is ...
Cost Accounting: A Managerial Emphasis 16th Edition Cost Accounting: A Managerial Emphasis 16th Edition
The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ... The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ...
Video: Helper T cell receptors, activation, proliferation, differentiation & action

For a complete list of videos, visit our video library