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A furniture retail store received trade discounts of 2 5 % and 1 8 % from its supplier on a dining table listed at $
A furniture retail store received trade discounts of and from its supplier on a dining table listed at $ They plan to sell the table for $
Round answers to two decimal places. Express percentages rounded to decimals eg
a What is the cost to the furniture store?
Cost
b What is the markup on selling percentage?
MoS
c If overhead expenses are of the regular selling price, what is the normal operating profit?
d The dining table was not selling well, so a markdown of was offered during a promotional event. What is the sale price of the dining table?
e What is the break even price?
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