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A retailer who purchases fan belts from the auto parts distributor in the question above prices the product for sale to its customers so that

A retailer who purchases fan belts from the auto parts distributor in the question above prices the product for sale to its customers so that they make a gross margin of 28.6%on the selling price. Assume the cost of a fan belt to the retailer is what you calculated in the question above and determine the retailer's selling price. $5.26 $18.40 $19.40 $48.95

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