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 62 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!


juliaf

  • Member
  • Posts: 344
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

For a complete list of videos, visit our video library