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A buyer for BestBuy is negotiating with a manufacturer to purchase an order of edge-lit 58 inch 3D LED televisions. She negotiates a price of
A buyer for BestBuy is negotiating with a manufacturer to purchase an order of edge-lit 58 inch 3D LED televisions. She negotiates a price of $1,315. BestBuy marks up this category of television by 32% of cost. BestBuy has determined that the price point for this TV will be $1,775. Assume that the buyer signs the contract and that BestBuy sells the TV for $1,775. Based on the negotiated price, BestBuy's required markup and the customer price point, by how much will BestBuy be exceeding (+) or falling short () of it's desired markup? Round your answer to the nearest dollar
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