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Determine (a) the $ net markdown and (b) the net markdown % from the following figures: Gross Sales $450,000 Customer Returns $10,000 Total Markdowns

Determine (a) the $ net markdown and (b) the net markdown % from the following figures: Gross Sales $450,000 Customer Returns $10,000 Total Markdowns $124,800 Markdown Cancellation. $32,400

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