What is the formula to generate an ascending list of margins and markups?
Margin refers to the profit that a firm earns when it produces a good or provides a service. It can be calculated by deducting the total cost from the total revenues. The margins can be of two types: gross margin and net margin.
Answer and Explanation:
Markup is equal to margin divided by the one minus margin.
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from Financial Accounting: Help and ReviewChapter 5 / Lesson 17