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20. ANTIQUES American Antiques paid $153.49 for a fern stand. The original selling price was $208.78, but this was marked down 46% in order to

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20. ANTIQUES American Antiques paid $153.49 for a fern stand. The original selling price was $208.78, but this was marked down 46% in order to make room for incoming merchandise. If operating expenses are 14.9% of cost. find (a) the operating loss and (b) the absolute loss. Vista general

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