When Determining the Markup to Be Used in a Cost-Plus

question 50

Multiple Choice

When determining the markup to be used in a cost-plus pricing formula, many companies base the markup on a target:

• A) return on investment.
• B) sales margin.
• C) capital turnover.
• D) earnings per share.
• E) debt-to-equity ratio.

---

Definitions:

Bacteria Count

The process or result of quantifying the number of bacteria in a sample, typically for health or quality control purposes.

Hand-Washing Methods

Various techniques implemented to clean the hands effectively to remove germs and prevent illness.

Friedman Test

A non-parametric statistical test used to detect differences in treatments across multiple test attempts.

Level Of Significance

A threshold in statistical testing that determines if the evidence is strong enough to reject the null hypothesis.