Question
The opening inventory for the boys department on March 1 was $150,000 at cost and $260,000 at retail. During the month, the department received merchandise
The opening inventory for the boys department on March 1 was $150,000 at cost and $260,000 at retail. During the month, the department received merchandise that cost $95,000 with a 51% markup. Find the markup percentage.The opening inventory for the boys department on March 1 was $150,000 at cost and $260,000 at retail. During the month, the department received merchandise that cost $95,000 with a 51% markup. Find the markup percentage.
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International Finance
Authors: Keith Pilbeam
4th Edition
0230362893, 978-0230362895
