This topic contains a solution. Click here to go to the answer

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 122 times)

Beheh

  • Hero Member
  • *****
  • Posts: 520
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
Answer to Question 1

C

Answer to Question 2

D




Beheh

  • Member
  • Posts: 520
Reply 2 on: Jun 24, 2018
Gracias!


tanna.moeller

  • Member
  • Posts: 328
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

For a complete list of videos, visit our video library