Question: 14. Determine the initial markup percent which will be required to achieve a 5.2% profit. Markdowns 4.0% Employee discounts 0.9 Expenses 45.0 Shortages 1.2 Cash

14. Determine the initial markup percent which will be required to achieve a 5.2% profit.

Markdowns 4.0%

Employee discounts 0.9

Expenses 45.0

Shortages 1.2

Cash discounts 1.1

Alteration costs 0.9

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