A toy store is considering stocking a special collectors' edition die cast cars at a...

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Accounting

A toy store is considering stocking a special collectors' edition die cast cars at a cost of $125 each. The manager calculated the retail price with an initial markup percentage of 48 percent and plans to price the product with a ".00" ending. What would the initial retail price be?

$240

$180

$190

$280

$63

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