Question
A store plans sales of $1,000,000, retail reductions of $140,000 and requires a gross margin of $420,000 (i.e., expenses $390,000, profit $30,000). What should be
A store plans sales of $1,000,000, retail reductions of $140,000 and requires a gross margin of $420,000 (i.e., expenses $390,000, profit $30,000). What should be the initial markup percentage (Show two decimal places)?
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Auditors Guide To IT Auditing Software Demo
Authors: Richard E. Cascarino
2nd Edition
1118147618, 978-1118147610
