Question: need 1 & 2 ASAP Given the scanario below: if net sales increased 10% in Year 2, and reductions remained the same amount in dollars,

need 1 & 2 ASAP

Given the scanario below: if net sales increased 10% in Year 2, and reductions remained the same amount in dollars, what is the new reduction %? Year 1 gross sales reductions 72,500 580,000 net sales COGS 2 500,000 49.00% net sales COGS GM expenses Net profit 5.00% Given the information in the chart above, If markdowns are 3%, what is the markdown dollar amount

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