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What should be the initial markup percent in a department with the following figures? Net sales $179,000.00; Profit $6,000.00; Expenses $80,000.00; Employee Discounts $400.00; Markdowns
What should be the initial markup percent in a department with the following figures? Net sales $179,000.00; Profit $6,000.00; Expenses $80,000.00; Employee Discounts $400.00; Markdowns $5, 200.00; Shortages $600.00. 49.8% 41.7% 48.3% 53.2%
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