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The difference between the cost and the initial retail price of merchandise is: A. markup. B. markon. C. markdown. D. market price.
The difference between the cost and the initial retail price of merchandise is: Mark up.
Question|Asked by angiee93
Asked 5/15/2014 11:27:58 PM
Updated 5/16/2014 12:26:08 AM
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The difference between the cost and the initial retail price of merchandise is: Mark up.
Added 5/16/2014 12:26:08 AM
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Questions asked by angiee93
The total that must be paid when a note becomes due is known as the: A. principle. B. face value. C. note value. D. maturity value.
Question|Asked by angiee93
Not Answered
Updated 5/15/2014 10:44:01 PM
1 Answer/Comment
The total that must be paid when a note becomes due is known as the: MATURITY LEVEL.
Added 5/15/2014 10:44:01 PM
This answer has been confirmed as correct and helpful.
In periods of rising prices, the inventory valuation procedure that results in the highest net income is the _____method. A. lower of cost or market B. LIFO C. average cost D. FIFO
Weegy: During a period of rising prices, using FIFO (first in, first out) inventory valuation method will result in higher net income figures than would LIFO (More)
Question|Asked by angiee93
Updated 5/15/2014 11:26:34 PM
1 Answer/Comment
In periods of rising prices, the inventory valuation procedure that results in the highest net income is the FIFO method.
Added 5/15/2014 11:26:33 PM
This answer has been confirmed as correct and helpful.
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