Topic 17 Flashcards by Ryan Cassar | Brainscape

Q

Accounting Equation

A

cl assets = op assets + profit - drawings + capital introduced

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Q

Mark - Up

A

Mark up 35%

Sales 135%
COS 100%
GP 35%

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Q

Margin

A

Margin 25%

Sales 100%
COS 75%
GP 25%

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