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5. A buyer confirms the following order: - 2500 bath towels costing $10.00 each -...

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Accounting

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5. A buyer confirms the following order: - 2500 bath towels costing $10.00 each - 1250 bath mats costing $12.50 each If a retail price of $25.00 is placed on each bath towel, and an average markup of 57% is sought, what retail price must the bath mats carry in order to maintain the average markup? What is the markup percentage on the bath towels

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