A margin of 25% is equivalent to what markup?
Profit margin of 25% of sales is equal to 20% on costs.
A margin of 25% is equivalent to 20% markup.
YuCOLUNI 99 A markup of 35% on cost is equivalent to what markup on selling price? 65.00% 35.00% 74.07% 25.93%
Determine the profit and overhead markup for a company who wants to maintain a 13.2% gross profit margin.
Define Cumulative Markup: Determine the initial markup % that should be planned based on the following information: net sales $45,000.00 markdowns profit $4,500.00 alterations costs expenses $17,000.00 cash discounts shortages $900.00 employee discounts $1,300.00 $12,000.00 $500.00 $2,500.00 On January 1, the contemporary sportswear department had an opening inventory of $225,000.00 at retail with a 55% markup. During the month of January merchandise costing $65,000.00 with a 60% markup was received in the department. What was the cumulative markup % for...
An item sells with a markup of 37% on selling price. What is the markup as a percentage on cost?
Activity 13.1 - Price Calculation - Markup Pricing Cost per unit is $10. Use markup pricing to: 1. Set the price if you want a 50% markup: 2. Set the price if you want a 40% mark-up: Activity 13.2 - Price Calculation - Margin (Target Return Pricing) Variable Cost per unit = $10 Using target pricing analysis: 1. What is the target price for a 20 per cent return? 2. What is the target price for a 80 per cent...
A firm buys and resell goods at 25% markup. It gives 1 weeks's credit from the people it buys from and give 2 weeks credit terms to the people it sell to. Sales per year are 5000. What is your average working capital need for the year? Also what is the income statement when financing cost is 10% and tax rate 40%.
Concord Co., with annual net sales of $5,060,000, maintains a markup of 25% based on cost. Concord’s expenses average 14% of net sales. What is Concord’s gross profit and net profit in dollars? Send to Gradebook Next > Prev Question 8 --/1 View Policies Current Attempt in Progress Concord Co, with annual net sales of $5,060,000, maintains a markup of 25% based on cost. Concord's expenses average 14% of net sales. What is Concord's gross profit and net profit in...
If a retailer sells a coat for $139.99. What was his markup if he bought the coat for $81.79? (15 pts) • Markup in actual dollars? • Express markup as a % of cost? • Express markup as a % of selling price? *Remember that markup percentage is based on selling price unless otherwise noted.
- The home office of Farah Company, bills its only branch at a markup of 25% above home office cost for all merchandise shipped to Habiba branch. During 2019 the home office shipped merchandise to the branch at a billed price of $ 30,000.Habiba branch inventories for 2019 were as follows: Jan.1 Dec .31 From home office(at billed price) Purchased from outsiders 15000 6800 19500 8670 Required: Prepare a working paper to analyze the flow of merchandise to Habiba Branch....
calculated the estimated inventory at May 31, assuming that the markup on cost is 25% Bridgeport Company Limited, which follows ASPE, uses the gross profit method to estimate inventory for monthly reports. Information follows for the month of May: $ 367,000 726,000 52.000 Inventory, May 1 Purchases Freight-in Sales Sales returns Purchase discounts 1.270,000 75,800 12,300