A television set was sold during a clearance sale for $299.00. show your work

a) If the television was sold at a discount of 70%, what was the list price?

b) If the cost of the television was $225.73, and fixed costs for selling the television were $624.11, what would the profit have been if the television had sold for list price?

c) At list price, what was the contribution margin for the television?

d) What was the contribution margin at the clearance price?

e) BONUS: was selling the television at the clearance price an absolute loss?