A distributor of equipment and supplies for physicians offices and other similar health-care customers requires that their

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A distributor of equipment and supplies for physician’s offices and other similar health-care customers requires that their sales people negotiate with customers to get the best price possible. At the same time, the distributor management knows that to cover overhead costs such as salary, rent, and utility bills plus provide a satisfactory level of profit, they need a margin of 45 percent. Therefore, the salespeople use a markup on selling price to calculate their quotes. If the company buys cases of disposable examination gowns for

$288, what is the lowest price the salesperson can quote the customer?

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