A dollar symbol icon. iStock.com/MarsBars You are the manager of World Wide...
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A dollar symbol icon. iStock.comMarsBars You are the manager of World Wide Athlete, a chain of six sporting goods shops in your area. The shops sell racing bikes per week at a retail price of $ Recently, you put the bikes on sale at $ At the sale price, bikes were sold during the oneweek sale. What was your markdown percent on the bikes? What is the percent increase in number of bikes sold during the sale? How much more revenue would be earned in months by permanently selling the bikes at the lower price rather than having a week sale each month? sale weeks in weeks. Optional As manager of World Wide Athlete, would you recommend this permanent price reduction? Explain.
A dollar symbol icon.
iStock.comMarsBars
You are the manager of World Wide Athlete, a chain of six sporting goods shops in your area. The shops sell racing bikes per week at a retail price of $ Recently, you put the bikes on sale at $ At the sale price, bikes were sold during the oneweek sale.
What was your markdown percent on the bikes?
What is the percent increase in number of bikes sold during the sale?
How much more revenue would be earned in months by permanently selling the bikes at the lower price rather than having a week sale each month? sale weeks in weeks.
Optional As manager of World Wide Athlete, would you recommend this permanent price reduction? Explain.
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