Respuesta :
The term for the process of revising, editing, changing, and drafting the budget, or any other proposed bill, while in committee is markup.
An amount delivered to the fee charge to decide the promoting price widely : profit. 2 : a U.S. Congressional committee consultation at which a invoice is put into final shape earlier than it's far mentioned out, mark up.
Despite the fact that both phrases are used to assist determine profitability, they are distinct! Markup is the distinction among a product's promoting rate and cost as a percentage of the fee. for instance, if a product sells for $one hundred twenty five and prices $a hundred, the additional charge growth is ($one hundred twenty five – $a hundred) / $one hundred) x one hundred = 25%.
Markup is the difference between the promoting charge of an awesome or carrier and price. it's miles frequently expressed as a percent over the fee. A markup is added into the total price incurred by means of the manufacturer of a very good or carrier that allows you to cowl the prices of doing enterprise and create a earnings.
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