Examlex
Which of the following is one of the types of inventory carried by a company?
Markup
The amount by which the cost of a product is increased to arrive at its selling price.
Selling Price
The amount of money for which an item or service is sold to a customer.
Markup Rate
The percentage increase applied to the cost price of goods to calculate the selling price.
Selling Price
The amount of money for which a good or service is offered for sale to consumers.
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