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Find the maintain markup percent and gross margin percent with the following figures: To show your work on these problems, you are able to upload
Find the maintain markup percent and gross margin percent with the following figures: To show your work on these problems, you are able to upload a file or take a screenshot of your file as the answer to the question vs typing it out in the essay answer box. Net sales: $450,000 Gross cost of merchandise sold: $205,000 Cash discounts: $6,125 Alteration costs: $2,075 Find the maintained markup percent and gross margin percent with the following figures: A B C D E 6 Net Sales Cost of merchandise sold Opening Inventory Gross Purchases Less, Returns to Vendor Net Purchases Freight Inward Total Merchandise Handled Closing Inventory Gross cost of merchandise sold Cash Discounts Earned Net Cost of Merchandise Sold Net Alteration/Workroom Costs Total cost of merchandise sold Gross Margin Maintained Markup \$ (=Net sales -Gross Cost of Merchandise Sold) Maintained Markup \% (= Maintained Markup \$/ Net Sales)
Find the maintain markup percent and gross margin percent with the following figures:
Net sales: $450,000
Gross cost of merchandise sold: $205,000
Cash discounts: $6,125
Alteration costs: $2,075
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