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If a is 48000 what is B The following figures are from a small boutique, which has a 54% markup: Opening book inventory at retail

If a is 48000 what is B
The following figures are from a small boutique, which has a 54% markup: Opening book inventory at retail $16,000 Net sales $6,000 Markdowns $2,000 Purchases (retail) $40,000 a. Determine the retail book inventory for the period. b. Convert the closing retail book inventory figure to the cost value

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