Profit expressed in relation to cost of goods sold is
...Profit expressed in relation to cost of goods sold is
Turnover
Cost price
Margin
mark-up
Correct answer is D
Mark up is when profit is expressed as a percentage of cost price i.e cost of goods sold
The term 'posting' in Accounting refers to ...
The capital contribution by the partners is treated in the? ...
In a period of declining price, which of the following methods would result in higher profit? ...
The historical development of accounting reveals that it? ...
Trading account for the year ended 31st December 2009 ₦ ₦ Opening...
Use the information to answer the given question \(\begin{array}{c|c} Dr & & & &...
In government imprest system the amount reimbursed is the ...
When closing stock is undervalued, the cost of goods sold would be ...
The accountant general disburses government fund by the use of ...