The mark-up is
...Use the following information to answer this question
Sales for the year 450,000
Purchases for the year 230,000
Opening stock 60,000
Closing stock 40,000
The mark-up is
88%
80%
44.44%
26.67%
Correct answer is C
No explanation has been provided for this answer.
The amount of individual items on a government budget is called ...
If cheques of N40,000 were received but a cheque of N8,000 was dishonoured, the amount owed was ...
Which of the following accounts has a credit balance? ...
Which of the following is a signatory to federal government account? ...
The unsubscribed share capital is ...
In a sales ledger, contra entry is found on the? ...
Shares are sold at less than nominal value. They are issued at a ...
Cross referencing among different books of accounts is achieved with the use of ...
Hussaina Enterprises sent goods worth #800,000 at cost plus mark-up of 20% to its branch What is ...
Issue of prospectus is an invitation to members of the public to ...