30 If a company shows revenue 60,000 and gross profit 12,000, which of the following calculations are

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30 If a company shows revenue £60,000 and gross profit £12,000, which of the following calculations are correct?

(a) Mark-up 20%, gross margin 25%

(b) Mark-up 400%, gross margin 5%

(c) Mark-up 33%, gross margin 50%

(d) Mark-up 25%, gross margin 20%

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Accounting And Finance For Business

ISBN: 9780273773948

1st Edition

Authors: Geoff Black, Mahmoud Al-Kilani

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Question Posted: Jul 02, 2024 09:04 AM

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30 If a company shows revenue 60,000 and gross profit 12,000, which of the following calculations are

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Accounting And Finance For Business

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