Question
Given the following figures and an initial markup percent of 58.6%, calculate the maintained markup percent for October. October Net Sales: $16,302 BOM Stock: $57,057
Given the following figures and an initial markup percent of 58.6%, calculate the maintained markup percent for October.
October
Net Sales: $16,302
BOM Stock: $57,057
Reductions: $3,260
a. 8.28%
b. 78.60%
c. 50.32%
d. 38.60%
e. 66.88%
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Just In Time Accounting How To Decrease Costs And Increase Efficiency
Authors: Steven M. Bragg
3rd Edition
0470403721, 978-0470403723
