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Beginning inventory for a department is $59,345 at cost and $120,500 at retail. New purchases have been received with a cost of $8,456 and a
- Beginning inventory for a department is $59,345 at cost and $120,500 at retail. New purchases have been received with a cost of $8,456 and a retail value of $26,112. What is the cumulative markup percentage to date?
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