Which of the following is true regarding markups and turnover?

A. Items sold at low markups (e.g., 20 percent) cannot be profitable.
B. Depending on the industry, a stockturn rate of 1 or 2 may be quite profitable.
C. Speeding turnover usually decreases profits.
D. High markups usually lead to high profits.
E. All these answers are correct.


Answer: B

Business

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