Question
Atom & Co.'s total sales during the year is $684,900, and its operating income for the year is $108,600. If its operating expenses for the
Atom & Co.'s total sales during the year is $684,900, and its operating income for the year is $108,600. If its operating expenses for the year are $42,000, what is its markup percent for the year? Round your answer to one decimal place.
a.7.9%
b.36.1%
c.20.3%
d.28.2%
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Accounting for Non-Accounting Students
Authors: John R. Dyson
8th Edition
273722972, 978-0273722977
