4. A purchasing manager of a business firm bought 20 dozen pairs of shoes for Php 202,080. Ifhe sold each pair of shoes for Php 2,360. Find the mark up and mark up rate based on thecost.Solution:5. What would be the selling price of a phone that costs Php 15,990 if you want to a mark- onrate of 70% based on the cost?Solution:

Mark up = Sales - Cost Mark up rate = Mark Up/Cost

A purchasing manager of a business firm bought 20 dozen pairs of shoes for Php 202,080. If he sold each pair of shoes for Php 2,360. Find the mark up and mark up rate based on the 4. cost. Solution: 5. What would be the selling price of a phone that costs Php 15,990 if you want to a mark- on rate of 70% based on the cost?

A purchasing manager of a business firm bought 20 dozen pairs of shoes for Php 202,080. If he sold each pair of shoes for Php 2,360. Find the mark up and mark up rate based on the 4. cost. Solution: 5. What would be the selling price of a phone that costs Php 15,990 if you want to a mark- on rate of 70% based on the cost?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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