Regarding Markups and Turnover

question 111

Multiple Choice

Regarding markups and turnover:

• A) high markups usually lead to high profits.
• B) speeding turnover usually decreases profits.
• C) items sold at low markups (e.g., 20 percent) cannot be profitable.
• D) depending on the industry-a stockturn rate of 1 or 2 may be quite profitable.
• E) All of these alternatives are correct.

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