商业财务第 1108 / 1605 题
Which statement about markup and margin is correct?
a.Margin is always larger than markup for the same dollar profit
b.Margin is calculated on the selling price; markup is calculated on cost
c.Markup is calculated on the selling price
d.Markup and margin are always the same percentage
解析
Margin expresses profit as a percentage of the SELLING price, while markup expresses the same dollar profit as a percentage of COST. Because the selling price is larger than cost, the margin percentage is always smaller than the markup percentage for the same dollar profit.
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