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13. The following figures have been planned for a department: Shortages 1.0% Employee discounts 2.0% Markdowns 4.6% Expenses 30.0% Profit 6.0% Alteration costs 0.9% Cash
13. The following figures have been planned for a department: Shortages 1.0% Employee discounts 2.0% Markdowns 4.6% Expenses 30.0% Profit 6.0% Alteration costs 0.9% Cash discounts 1.4% Calculate the initial markup percent that should be used in order to arrive at the planned figures
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