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step by step pls B 1. ( 10 points) Determine the initial markup percentage from the following data: Gross margin 48% Markdowns 36.0% Employee discounts

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B 1. ( 10 points) Determine the initial markup percentage from the following data: Gross margin 48% Markdowns 36.0% Employee discounts 1.5% Cash discounts to be earned 15.0% Alteration costs 0.5%

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