A retailer purchases computers for $19.39. They mark up each computer 13% over cost for overhead and

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A retailer purchases computers for $19.39. They mark up each computer 13% over cost for overhead and 24% of the cost to cover profit. What is the rate of markup for the retailer on computers? Round answer to two decimal places.

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Survey of Accounting

ISBN: 978-0538749091

5th Edition

Authors: Carl S Warren

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Posted Date: Apr 05, 2023 04:33 AM

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A retailer purchases computers for $19.39. They mark up each computer 13% over cost for overhead and

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Determine the selling price of the computer first The markup for overhead is 1... View the full answer

Survey of Accounting

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