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Author Question: When determining markup as a percentage of cost, divide the markup amount by A) price. B) cost. ... (Read 183 times)

MirandaLo

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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

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


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MirandaLo

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Reply #2 on: Jun 29, 2018
Thank you :)


epscape

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Reply #3 on: Jun 29, 2018
Happy to help you


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