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mel-nik [20]
3 years ago
14

Working off an 16% margin, with markups based on cost, the Food Co-op Club boasts that it has 4,100 members and a 155% increase

in sales. The markup is 31% based on cost. What would be its percent markup if selling price were the base?
Business
1 answer:
Komok [63]3 years ago
4 0

Answer:

Explanation:

31% mark up based on cost

$100 * 1.31 = $131

Same mark up based on selling price

$131 - $100 = $31

Therefore, our percent mark up if selling price were the base; =$31/$131 * 100 = 23.66%

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torisob [31]

Answer:

cost recovery = $23750

Explanation:

given data

cost = $100,000

to find out

cost recovery

solution

we know here value of asset in last quarter October is given $10000

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so

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6 0
3 years ago
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Helga [31]

Answer:

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Firlakuza [10]

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5 0
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Afina-wow [57]
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3 0
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