Question: please answer in detail Calculate the initial markup using the following figures. Net sales Profit Expenses Employee discounts Markdowns Shortages 100% 3.6% 41% 7.2% 4.8%

please answer in detail Calculate the initial

please answer in detail

Calculate the initial markup using the following figures. Net sales Profit Expenses Employee discounts Markdowns Shortages 100% 3.6% 41% 7.2% 4.8% 1.0% Calculate the maintained markup and gross margin percent from the following operating results Net sales Cash discounts Alteration costs Gross cost of merchandise sold $1,200,500 $12,200 $3,100 $605,500

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