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Determine the initial markup percent for an accessories department with these figures (round to two decimal places): Expenses 40.00% Employee Discounts 3.10% Markdowns 5.80% Shortages
Determine the initial markup percent for an accessories department with these figures (round to two decimal places):
Expenses | 40.00% |
Employee Discounts | 3.10% |
Markdowns | 5.80% |
Shortages | 1.05% |
Alterations | 30.00% |
Cash Discounts | 34.00% |
Profit | 6.50% |
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