Calculate the initial markup % that will be required to achieve a 6% profit, using...
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Accounting
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- Calculate the initial markup % that will be required to achieve a 6% profit, using the following
Net Sales $540,000
Employee Discounts 5,200
Expenses $180,000
Markdowns $10,850
Alteration costs 1.2%
Cash discounts 6,550
Shortages 5,000
Profit 6%
- Calculate the initial markup % that will be required to achieve a 6% profit, using the following
Net Sales $540,000
Employee Discounts 5,200
Expenses $180,000
Markdowns $10,850
Alteration costs 1.2%
Cash discounts 6,550
Shortages 5,000
Profit 6%
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