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7. The sandal buyer is planning a Memorial Day sale event on all $79.00 sandals. The sandals will be promoted at $60.000. There will be

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7. The sandal buyer is planning a Memorial Day sale event on all $79.00 sandals. The sandals will be promoted at $60.000. There will be a coupon in the sale circular for customers to take an additional 25% off their purchase. What will be the final selling price for the sandals? What is the markdown percentage that the customer actually receives, and the retailer journalizes

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