Question: Determine the initial markup percent for a specialty store that has the following planned figures: $450,000 5.2% $124,500 Net Sales Profit Expenses Employee discounts Cash

Determine the initial markup percent for a specialty store that has

Determine the initial markup percent for a specialty store that has the following planned figures: $450,000 5.2% $124,500 Net Sales Profit Expenses Employee discounts Cash discounts Alteration costs Shortages Markdowns $3,000 $6,000 2.8% $3,425 $32,200 40.28% 39.52% 38.83% 42.45%

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