Which of the following refers to the difference between the sale price and cost of inventory?
Select correct option:
Net loss
Net worth
Markup
Markdown
338. Which of the following is measured by profit margin?
Select correct option:
Operating efficiency
Asset use efficiency
Financial policy
Dividend policy
339. A business owned by a single person is known as:
Select correct option:
Sole-proprietorship
General partnership
Limited partnership
Corporation
