Question 13 A company adopts a mark up of 15% and its cost of goods sold is value at 27,500. What is the sales value? A 31,625 B 32,353 E23,375 27,500 If the profit for the year is 8,600 and the company retained earning at the start of the year is 22,200. The company declared 7,000 as dividend. What is the company retained profit at the end of the year? A) 30,800 B 23,800 37,800 29,200 2 Points Question 8 If a company has mark-up of 25% and the cost of sales is 50,000. What is the value of sales? A 37,500 B 66,667 62,500 D) 40,000