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On March 1, the children's department showed an opening inventory of $130,000 at cost with a markup of 54%. Merchandise with a retail value of
On March 1, the children's department showed an opening inventory of $130,000 at cost with a markup of 54%. Merchandise with a retail value of $95,000 at a 50.5% markup was received into the department during the month. Determine the cumulative markup percent for the department at the end of March
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