If a Product Has a Cost of the $250 and a Selling

question 28

Multiple Choice

If a product has a cost of the $250 and a selling price of $450,what is the products markup percentage?

• A)200%
• B)80%
• C)44.4%
• D)Not enough information to calculate

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Definitions:

Franchisors

Entities or individuals that grant the right to operate a business under their trademark or brand to another party, known as a franchisee.

Unlimited Life

Refers to entities, typically corporations, that are structured to continue operations indefinitely unless dissolved.

Ease of Formation

The simplicity and straightforwardness associated with establishing a new enterprise or legal entity, typically influenced by the regulatory and legal environment.