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emilyq6jstzwwi
emilyq6jstzwwi emilyq6jstzwwi
  • 19-06-2016
  • Business
Answered

If the selling price and percent markup on selling price is given the actual cost can be calculated.

ATrue
BFalse

Verified Answer :

metchelle
metchelle metchelle
  • 28-06-2016

Markup is defined as the amount added to the cost of goods to fix a selling price. So, if the selling price and markup percentage on the selling price is given, the actual cost can be calculated. To answer the question above: true.

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