Which of the following refers to the difference between the sale pric – McqOptions

MCQOPTIONS

1.	Which of the following refers to the difference between the sale price and cost of inventory?
A.	net loss
B.	net worth
C.	markup
D.	markdown
Answer» D. markdown

Discussion

No Comment Found

Related MCQs

Which of the following is true about financial statements?A) Financial statement gives a summary of accounts. B) Financial statements can be stated asrecorded facts.
According to prescribed order of assets in a Company s Balance Sheet assets should be shown first of all.
If 6% Pref. share capital 2,00,000 were redeemed at a premium of 5%, while preparing Cash Flow Statement its effect on cash flow will be :
A Ltd., engaged in the business of retailing of two wheelers, invested 50,00,000 in the shares of a manufacturing company. Dividend received on this investment will be :
How will you deal increase in the balance of Securities Premium Reserve while preparing a Cash Flow Statement?
If the amount of goodwill is 40,000 at the beginning of a year and 48,000 at the end of that year then while preparing cash flow statement its effect on cash flow will be :
The ratio which shows the proportion of profits retained in the business out of the current year s profits is
The process of explaining the meaning, significance and relationship between two financial factors is called
Which of the following statement is considered as the accountant s snapshot of firm s accounting value as of a particular date?
Working capital requirements depends on the credit policy of …