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Kim works at a sports store and needs to determine the selling price for running shoes. The running shoes have a cost of $70. The

Kim works at a sports store and needs to determine the selling price for running shoes. The running shoes have a cost of $70. The manager asked Kim to price the running shoes with a 60% target gross margin. Kim has priced the running shoes with a 60% markup percentage. Required: 1. What selling price does the manager want

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