Posted 11/19/2009 21:15 (#930855 - in reply to #930803) Subject: Re: Why do dealer's parts have such a mark-up?
Elmira, Ontario
Markup does the gross profit (before overhead) comparison to cost. Margin compares gross profit to sell price.
Either is valid, you just have to use a different range of expectations. Dealers usually use gross margin and that translates right up to the Profit/Loss statement in accounting.
Why do dealer's parts have such a mark-up?
