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Author Question: To determine the markup percent based on retail: a. Dollar cost divided by retail b. b Dollar ... (Read 141 times)

laurencescou

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on: Sep 11, 2018
To determine the markup percent based on retail:
 
  a. Dollar cost divided by retail
  b. b Dollar markup divided by retail
  c. Dollar retail divided by the cost complement
  d. Dollar markup divided by the cost complement

Question 2

This type of markup is based on the total merchandise handled or available for sale during a specific period of time. It is an average figure applied to merchandise classifications, department, or the entire store.
 
  a. Initial
  b. Maintained
  c. Cumulative
  d. Individual


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shaikhs

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Reply #1 on: Sep 11, 2018
Answer to Question 1

b. Dollar markup divided by retail

Answer to Question 2

c. Cumulative


laurencescou

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Reply 2 on: Sep 11, 2018
YES! Correct, THANKS for helping me on my review

coreycathey

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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