Walgreens Drugstores buys a bottle of shampoo from a wholesaler for $3.25 and then places it on a shelf with a price tag of $4.64. What is Walgreens' markup on selling price (expressed as a percentage)?
A. 30 percent
B. 48 percent
C. 20 percent
D. 43 percent
E. 26 percent
Answer: A
You might also like to view...
In terms of copytesting, the current thought by a number of marketing professionals is that the test:
A) favors affective approaches over rational approaches B) inspires creativity C) is necessary primarily because of the issue of accountability D) is not really useful, but necessary because of demands of creatives
Which of the following budgets should be prepared before the others listed?
a. Cost of goods manufactured budget b. Cash budget c. Production budget d. Overhead budget
In the integrity-based approach to ethics management, the objective is to
A. prevent criminal misconduct. B. enable responsible conduct. C. conform with externally imposed standards. D. reduce discretion, training, controls, audits, and penalties.
What represents a credit to the investment income account of the balance of payments?
What will be an ideal response?