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MARKUP RULE 92 AGE AND SERVICE (VOLUNTARY) RETIREMENT A.C.A. 247502, A.C.A. 247701707, and A.C.A. 247202 and 247727 (unless otherwise noted) REGULATIONS 1. I. RETIREMENT ELIGIBILITY A. If eligible,

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What is mark-up?

Mark-up is the process of increasing the price of goods or services.

Who is required to file mark-up?

Businesses and individuals who sell goods or services at a higher price than their cost are required to file mark-up.

How to fill out mark-up?

Mark-up is typically calculated by subtracting the cost of goods sold from the selling price, and then dividing by the cost of goods sold.

What is the purpose of mark-up?

The purpose of mark-up is to determine the profitability of a product or service.

What information must be reported on mark-up?

The cost of goods sold, selling price, and mark-up percentage must be reported on mark-up.

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