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Question 4 of 14 A clothing merchant purchases a shipment of clothes for $37,000.00 with discounts of 11.00% and 6.00%. He sells it to
Question 4 of 14 A clothing merchant purchases a shipment of clothes for $37,000.00 with discounts of 11.00% and 6.00%. He sells it to a customer at a price which includes 21.00% profit on selling price and overhead expenses of 22.00% on selling price. L a. How much did it cost him to purchase the container of clothes? $0.00 Round to the nearest cent b. What was the selling price of the container of clothes? Round to the nearest cent
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Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
9th Edition
73530700, 978-0073530703
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