Examlex
List the six design principles associated with flowcharting discussed in the text.
Markup Percentage
The percentage added to the cost of goods to cover overhead and profit, determining the selling price.
Invested Assets
Assets that are purchased or acquired with the expectation that they will generate income or increase in value over time.
Target Cost
The estimated price for a product or service that is determined by subtracting a desired profit margin from the competitive market price.
Profit Margin
The ratio or percentage of profit to sales, reflecting the efficiency with which a company or business unit generates income relative to its revenue.
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