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13.. What should be the initial markup percent in a department that has the following figures: (14 points) Net sales $320,000 Markdowns 7,800 Expenses 105,000

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13.. What should be the initial markup percent in a department that has the following figures: (14 points) Net sales $320,000 Markdowns 7,800 Expenses 105,000 Employee discounts 1,950 Shortages 2,750 Alterations 1,025 Cash discounts 950 Profit 7.5% eve a 5.2%

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