Business Math

20問 • 2年前

Sab Sescon

通報

問題一覧

is an amount added to the cost of merchandise to obtain a higher amount known as its SELLING PRICE

markup

a MARKUP is an amount added to the cost of merchandise to obtain a higher amount known as

selling price

the markup is usually expressed as a percentage of the cost of a product and it is called

markup rate

is the selling price minus the cost of goods sold

margin or gross margin

it is obtained by multiplying the selling price by the percentage margin

margin or gross margin

is a reduction in the selling price of merchandise

markdown markdown

it is the difference between the original selling price and the reduced price

markdown

is the manufacturer's suggested retail price of a product

list price

is an amount deducted from the list price of a product

trade discount

the resulting price after the discount is applied is called

not price or the invoice price

there are two traditional methods to compute the net price after the discount

discount method and complement method

seller's may offer successive trade discounts to dispose of their goods quickly

multiple trade discount or discount series

they represent the new list prices after all the preceding discounts have been applied before becoming net price

intermediate prices

is the difference between gross revenue and total cost provided that the revenue is greater than the cost

profit

if the difference between the total cost in the generated revenue provided that the cost is greater than the revenue

loss

if the total revenue generated is equal to the total cost incurred

break even

the number of items that needs to be sold to attain breakeven is called

breakeven point

is interest calculated on the original principal only

simple interest

is the sum of the principal amount and the amount of interest payable

accumulated value

is interest calculated on the principal and the interest earned from the previous interest periods

compound interest

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問題一覧

is an amount added to the cost of merchandise to obtain a higher amount known as its SELLING PRICE

markup

a MARKUP is an amount added to the cost of merchandise to obtain a higher amount known as

selling price

the markup is usually expressed as a percentage of the cost of a product and it is called

markup rate

is the selling price minus the cost of goods sold

margin or gross margin

it is obtained by multiplying the selling price by the percentage margin

margin or gross margin

is a reduction in the selling price of merchandise

markdown markdown

it is the difference between the original selling price and the reduced price

markdown

is the manufacturer's suggested retail price of a product

list price

is an amount deducted from the list price of a product

trade discount

the resulting price after the discount is applied is called

not price or the invoice price

there are two traditional methods to compute the net price after the discount

discount method and complement method

seller's may offer successive trade discounts to dispose of their goods quickly

multiple trade discount or discount series

they represent the new list prices after all the preceding discounts have been applied before becoming net price

intermediate prices

is the difference between gross revenue and total cost provided that the revenue is greater than the cost

profit

if the difference between the total cost in the generated revenue provided that the cost is greater than the revenue

loss

if the total revenue generated is equal to the total cost incurred

break even

the number of items that needs to be sold to attain breakeven is called

breakeven point

is interest calculated on the original principal only

simple interest

is the sum of the principal amount and the amount of interest payable

accumulated value

is interest calculated on the principal and the interest earned from the previous interest periods

compound interest