The text says "markup" means percent of:
A. "mark-on."
B. selling price--unless otherwise stated.
C. fixed cost.
D. delivered cost--unless otherwise stated.
E. cost of sales.
Answer: B
A. "mark-on."
B. selling price--unless otherwise stated.
C. fixed cost.
D. delivered cost--unless otherwise stated.
E. cost of sales.
Answer: B