PrepCity is a chain of emergency preparedness stores that stocks the Megalite, a super-powerful portable lamp. Prep
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Question:
PrepCity is a chain of emergency preparedness stores that stocks the Megalite, a super-powerful portable lamp. Prep City sells Megaliters to its retail customers for $20.48 each. Prep City buys Megaliters from a wholesaler for $13.07 each. Calculate PrepCity's percent markup on cost. (Report your answer as a percent. Report 25.5%, for example, as "25.5". Rounding: tenth of a percent.)
Related Book For
Concepts In Federal Taxation
ISBN: 9780324379556
19th Edition
Authors: Kevin E. Murphy, Mark Higgins, Tonya K. Flesher
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