- This topic has 1 reply, 2 voices, and was last updated 7 years ago by
.
- Posts
- Topics: 1
- Replies: 0
- ☆
Good evening sir. Please help me with this.
Under note (ii)
Each month since acquisition, Paradigm’s sales to Strata were consistently $4.6million. Paradigm had marked these up by 15% on cost. Strata had one month’s supply ($4.6million) of these goods in inventory at 31 March 2013. Paradigm’s normal mark-up (to third party customers) is 40%In your revision video,
I understand how you get 600 pup and 1600 profit which is $1000 difference in cost since Paradigm sells lower than normal price. But I still don’t quite understand how to get 1.2m of cost/month. Why it is not 1m @ 5 months instead?How come you’re the first person to notice this!!!!
You’ve made me look at that video again, something that I haven’t done since I recorded it and it’s something that I shall never likely forgive you for!
However, it does appear that I was distracted by the figure of 40 just above where I wrote the comparison between the contrived mark-up and the normal mark-up
Thank you for pointing this out … it should, of course, be 5 months @ $1 million per month
Thanks again
- The topic ‘Paradigm June 2013’ is closed to new replies.