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Subject Topic: Consignment Inventory (Topic Closed Topic Closed) Post ReplyPost New Topic
  
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yukagin
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Joined: 03 Jun 2010
Online Status: Offline
Posts: 84
Posted: 07 Feb 2011 at 00:56 | IP Logged  

very confusing. 40% markup of selling price sounds to me
like you divide by 1.4 to get inventory cost. guess have to
memorize that it means that 40% of that is the profit

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