Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A buyer of the home dcor category at Kay's Department Store had net sales of $158,750.00. The original retail and sale prices of the three

  1. A buyer of the home dcor category at Kay's Department Store had net sales of $158,750.00. The original retail and sale prices of the three reduced items are provided below.

a) Please calculate the off-retail percentage for each item.

Stock # Original Retail Sale Price

1234 $35.99 $29.99

1235 $29.99 $24.99

1236 $47.99 $39.99

b) Given the off-retail percentage, what % discount should be communicated to their customers via Kay's Department Store weekly flyer?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Probability And Statistical Inference

Authors: Robert V. Hogg, Elliot Tanis, Dale Zimmerman

9th Edition

321923278, 978-0321923271

Students also viewed these General Management questions