Page 278 - Microsoft Word - 00 BA3 IW Prelims STUDENT.docx

Chapter 16

Overview

Incomplete records

Profit mark-up and Accounting Accounting

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

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