Macy's bridge department previously marked down 12 Ellen Tracy velvet jackets from $365 to $155. They are now being marked down an additional 30% off of the already reduced price of $155. a. What is the new retail price? b. What is the total markdown percentage? [Hint: use the original retail price of $365 and the new retail price (the price you found in part a) to calculate the markdown \%]. c. If all 12 units were sold at the reduced price (the price you found in part a), what is the net markdown in dollars? [Hint: Net Markdown = total/gross markdown - markdown cancellation; hence, if you have \$0 for markdown cancellation, then you are essentially just finding total/gross markdown, as in this case total/gross markdown = net markdown). Macy's bridge department previously marked down 12 Ellen Tracy velvet jackets from $365 to $155. They are now being marked down an additional 30% off of the already reduced price of $155. a. What is the new retail price? b. What is the total markdown percentage? [Hint: use the original retail price of $365 and the new retail price (the price you found in part a) to calculate the markdown \%]. c. If all 12 units were sold at the reduced price (the price you found in part a), what is the net markdown in dollars? [Hint: Net Markdown = total/gross markdown - markdown cancellation; hence, if you have \$0 for markdown cancellation, then you are essentially just finding total/gross markdown, as in this case total/gross markdown = net markdown)