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The Galerie d'Art paid $237.30 for a limited edition Graux print. The original selling price was $355.95, but this was marked down 56% to make
The Galerie d'Art paid $237.30 for a limited edition Graux print. The original selling price was $355.95, but this was marked down 56% to make room for incoming pieces. If operating expenses are 25% of cost, find the operating loss and the absolute loss. Round dollar amounts to the nearest cent. A. operating loss: $140.01 absolute loss: $80.68 B. operating loss: $140.01 absolute loss: $199.33 C. operating loss: $199.33 absolute loss: $80.68 D. operating loss: $80.68 absolute loss: $140.01
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