Question: Jane has completed some calculations for her store, Jane's Boutique. In looking at the last quarter, she determines that: * Expenses averaged 3 6 %

Jane has completed some calculations for her store, Jane's Boutique. In looking at the last quarter, she determines that:
* Expenses averaged 36%
* Profit averaged 5.5%
* Markdowns averaged 14%
Based on these numbers, what IMU% should Jane use when pricing merchandise for this season?

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