Question: Identify an accurate statement about markdowns. Merchandise buyers usually plan for markdowns as they are a part of the cost of doing business. When retailers
Identify an accurate statement about markdowns.
Merchandise buyers usually plan for markdowns as they are a part of the cost of doing business.
When retailers introduce markdowns in their retail format, it indicates that their inventory turnover is very high.
Markdowns do not include discounting merchandise at the end of the season.
A buyer's objective is to always minimize markdowns.
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