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Rolf's Golf store sells golf balls for $30 per dozen. The store's overhead expenses are 26% of cost and the owners require a profit of 19% of cost.
a. How much does Rolf's Golf store buy the golf balls for? $ per dozen Round to the nearest cent
b. What is the price needed to cover all the costs and expenses? $ Round to the nearest cent
c. What is the highest rate of markdown at which the store will still break even? % Round to two decimal places
d. What markdown rate would price the golf balls at cost? % Round to two decimal places
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