Gabriella was in the business of purchasing sculptures from Brazil and selling them in Toronto at...
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Gabriella was in the business of purchasing sculptures from Brazil and selling them in Toronto at her boutique. On one consignment listed at $2,400, she received trade discounts of 11.00%, 8.00%, and 6.00%. The overhead expenses were 16.00% of her costs and she wanted to make a profit of 35.00% on cost. a. What is the regular selling price of the sculptures? $2,892.74 8 S2,789.28 Round to the nearest cent b. Calculate the profit she will make if she decides to markdown the selling price by 15.00%. $316.16 X $228.13 Round to the nearest cent c. Calculate the maximum rate of markdown that she can offer so that she breaks even on the sale. 25.93 X% 23.18 Gabriella was in the business of purchasing sculptures from Brazil and selling them in Toronto at her boutique. On one consignment listed at $2,400, she received trade discounts of 11.00%, 8.00%, and 6.00%. The overhead expenses were 16.00% of her costs and she wanted to make a profit of 35.00% on cost. a. What is the regular selling price of the sculptures? $2,892.74 8 S2,789.28 Round to the nearest cent b. Calculate the profit she will make if she decides to markdown the selling price by 15.00%. $316.16 X $228.13 Round to the nearest cent c. Calculate the maximum rate of markdown that she can offer so that she breaks even on the sale. 25.93 X% 23.18
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ANSWER 6 Markdown sp by 1500 Sculptures total Casst 2H... View the full answer
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