4. Vera Wang white skirts were marked down from $199.99 to $49.99. a. What percentage markdown was taken? C. b. Discuss briefly why such a drastic markdown might need to be taken. If 35 units were available at the original price and 20 units sold at that price (i.e. original price of $199.99) and 10 were sold at the markdown price of $49.99, what is the markdown cancellation if the remaining skirts were marked back up to the original price of $199.99?

Vera Wang white skirts were marked down from $199.99 to $49.99. a. What percentage markdown was taken? b. Discuss briefly why such a drastic markdown might need to be taken. c. If 35 units were available at the original price and 20 units sold at that price (i.e. original price of \$199.99) and 10 were sold at the markdown price of $49.99, what is the markdown cancellation if the remaining skirts were marked back up to the original price of $199.99