Question
The housewares department had a gross margin of $88,200, cash discounts of $6,200, alteration costs of $2,400. If the net sales were $220,000, what was
The housewares department had a gross margin of $88,200, cash discounts of $6,200, alteration costs of $2,400. If the net sales were $220,000, what was the maintained markup and maintained markup percentage?
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Fraud examination
Authors: Steve Albrecht, Chad Albrecht, Conan Albrecht, Mark zimbelma
4th edition
538470844, 978-0538470841
