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    Small Business Management Study Set 1
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    Exam 16: Pricing and Credit Decisions
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    The Golf Global Company Sells 1 000 Shirts Annually at a Price
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The Golf Global Company Sells 1 000 Shirts Annually at a Price

Question 3

Question 3

Multiple Choice

The Golf Global Company sells 1 000 shirts annually at a price of R35 each.If the company's pricing policies adhere to a 40% mark-up of selling price, the cost of each shirt is:


A) R14.
B) R21.
C) R28.
D) R32.

Correct Answer:

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