Direction: Read and analyze the situation below: Use a separate sheet for your answer Generate money that you will use to buy something that you sure you can sell. Decide for yourself on how much you are to sell whatever you bought. Compute for the mark-up and the possible mark-on. Assume that many retailers want to compete with you, how will you decide on the possible mark-down? What percent is it of your cost? Your selling prices? Were you able to sell it