Question: Determine (a) the $ net markdown and (b) the net markdown % from the following figures: Gross Sales $450,000 Customer Returns 10,000 Total Markdowns 124,800

Determine (a) the $ net markdown and (b) the net markdown % from the following figures: Gross Sales $450,000 Customer Returns 10,000 Total Markdowns 124,800 Markdown Cancellation 32,400

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