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A clothing distributor purchases a machine for $180,000 less discounts of 8% and 4%. The distributor then sells the machine to a client at a
A clothing distributor purchases a machine for $180,000 less discounts of 8% and 4%. The distributor then sells the machine to a client at a price, which include: 30% profit on cost and overhead expenses of 23% on cost. a. How much did it cost to purchase the machine? ( Round to the nearest cent b. What was the selling price of the machine? ( Round to the nearest cent c. Calculate the break-even price. ( Round to the nearest cent
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