RETURNS INWARDS Definition

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RETURNS INWARDS are goods sold on credit to a customer and returned for some reason to be refunded for (Sales returns).

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DIRECT PARTICIPATION PROGRAM (DPP) is an investment program enabling investors to directly participate in the cash flow and tax benefits of the partnership invested in by the investor, typically a form of passive investment. Also called a Limited Partnership.

MARKUP is the amount added to the cost of goods in order to produce the desired profit.

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