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January 11, 2022 at 10:48 am
Sir, is it right if I do the problem like this:
After the fire the cogs= purchases +opening inventory – closing inventory .
Before the fire cogs=
Markup%= selling – cost
Cost = 100,000
Loss: before fire- after fire = -8,000
The inventory lost = 8,000
December 3, 2020 at 4:06 pm
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.
John Moffat says
September 20, 2020 at 2:31 pm
Thank you for your comment 🙂
September 20, 2020 at 11:19 am
I want to thank you all, what you do is fantastic and is helping me a lot.
Thank you very much.
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