Mark-up and Margins – ACCA Financial Accounting (FA) lectures
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I knew nothing about accounting but thanks to your lectures, I can understand and solve many complicated exercises now.
That’s great – thank you for your comment 馃檪
馃檪
Sir, is it right if I do the problem like this:
After the fire the cogs= purchases +opening inventory – closing inventory .
= 108,000
Before the fire cogs=
Markup%= selling – cost
Cost = 100,000
Loss: before fire- after fire = -8,000
The inventory lost = 8,000
Thank you sir!
Had always thought Mark up & Margin were difficult.
You literally broke it down to my understanding!
Thank you so much! God bless you.
Thank you sir
Though this is my first time,but I have learnt a lot
Great 馃檪
Thank you for your comment 馃檪
I want to thank you all, what you do is fantastic and is helping me a lot.
Thank you very much.
Boris