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Lock Inc. has collected the following data concerning one of its products: Unit sales price $145 Total sales 15,000 units Unit cost $115 Total investment

Lock Inc. has collected the following data concerning one of its products: Unit sales price $145 Total sales 15,000 units Unit cost $115 Total investment $1,800,000 The markup percentage is a. 20.69%. b. 22.59%. c. 25%. d. 26.09%

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