A retailer of Dry Day deodorant prices it at $2.00; it costs the retailer $1.40. What is the approximate markup as a percentage of selling price?
A. 3%
B. 14.3%
C. 30%
D. 70%
E. 12%
Answer: C
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The capital account balances of a partnership are as follows: Trent, $50,000; Langston, $50,000; and Plank, $50,000 . If Felps pays $80,000 in cash to Plank to buy Plank's partnership interest, the entry on the partnership's books as a result of this transaction would include a
a. debit to Plank Capital, $80,000; b. credit to Felps Capital, $80,000; c. debit to Cash, $80,000; d. credit to Felps Capital, $50,000; e. debit to Cash, $50,000
A special indorsement is negotiable by indorsement and delivery
Indicate whether the statement is true or false
When referring to primary and secondary data in the findings section, you should
A) call attention to key trends and contradictions. B) present less important information in tables and figures. C) allow readers to come to their own conclusions about implications. D) present facts and figures in rapid succession for busy readers. E) refer to research procedures when necessary.
Where would we find Chaebol?
a. Germany b. Russia c. South Korea d. Singapore