Page 190 - Microsoft Word - 00 - Prelims.docx
P. 190
Chapter 16
Overview
Incomplete records
Profit mark-up Accounting Accounting
and margins equation ledgers
Mark up Margin Missing figure:
Sales = 100 + % Sales = 100 Assets = Receivables
Cost = 100 Cost = 100 – % Liability + Capital Payables
Profit = % Profit = % Cash/Bank
184
