Question: Please do this in excel and not on paper, thanks! 37 5 5 7 58 9 19 - Given the following information, calculate the maintained
Please do this in excel and not on paper, thanks!
37 5 5 7 58 9 19 - Given the following information, calculate the maintained markup %: Cost Retail 1 2 opening inventory $69,600.00 $145,000.00 3 gross purchases $36,000.00 $75,000.00 4 returns to vendors $7,200.00 $15,000.00 freight $2,000.00 total merch handled $100,400.00 $205,000.00 CMU = net sales $80,000.00 cost % = net markdowns $12,000.00 employee discounts $2,000.00 total retail deductions closing book inventory gross cost of merch sold alterations costs $3,000.00 cash discounts $5,500.00 net cost of merch sold maintained markup $ maintained markup % 3
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