Question: 2 3 5 6 Determine initial markup percent that will be required to achieve a 4% profit, using the following figures. Expenses 39.1% Employee

2 3 5 6 Determine initial markup percent that will be required

2 3 5 6 Determine initial markup percent that will be required to achieve a 4% profit, using the following figures. Expenses 39.1% Employee Discounts 6.8% 8 9 Markdowns 1.0% 40%Shortages 1.0% Alterations 0.5% Cash Discounts 0.6% nformation Profit 4.0% 40% 41.9% 48.7% 47.6%

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