Question
Buyer took markdowns amounting to $2,500 for July. Sales for the month were $32,500. The planned markdown percent was 4% What was the dollar amount
Buyer took markdowns amounting to $2,500 for July. Sales for the month were $32,500. The planned markdown percent was 4% What was the dollar amount of planned markdowns? Was the actual markdown percent higher or lower and by how much?
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International Financial Management
Authors: Cheol Eun
9th Edition
1260788865, 9781260788860
