Question: 14.Determine the initial markup percent which will be required to achieve a 5.2% profit (13 points). Markdowns 4.0% Employee discounts 0.9 Expenses 45.0 Shortages 1.2

14.Determine the initial markup percent which will be required to achieve a 5.2% profit (13 points). 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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