A retailer has net annual sales of $300,000. Retail expenses are $75,000. Net profit is $25,000. Compute

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A retailer has net annual sales of $300,000. Retail expenses are $75,000. Net profit is $25,000. Compute the maintained markup at retail.

a. 20%
b. 33.3%
c. 44.4%
d. 80%

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Retail Management A Strategic Approach

ISBN: 9780133796841

13th Edition

Authors: Barry Berman, Joel Evans, Patrali Chatterjee

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