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Calculate the initial markup percent that will be required to achieve a 6% profit, using the following figures: Net sales Employee discounts Expenses Markdowns Alteration costs Cash discounts Shortages $540,000 $2,900 $180,000 $8,250 1.2% $6,550 $1,800
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Calculate the initial markup percent that will be required to achieve a 6% profit, using the followi...
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