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INITIAL MARKUP PROBLEMS: Dolly's Dolls plans sales of $2.5 million, retail reductions of $500,000, expenses of $800,000, and profit of $46,000. What should be Dolly's

INITIAL MARKUP PROBLEMS: Dolly's Dolls plans sales of $2.5 million, retail reductions of $500,000, expenses of $800,000, and profit of $46,000. What should be Dolly's initial markup percentage?

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