Question: Problem 1: I would really apreciate the help, I will give a review if the question is answered with an explination. Thank you. You have

Problem 1: I would really apreciate the help, I will give a review if the question is answered with an explination. Thank you.

You have purchased cable knit sweaters at a billed cost of $35.50 per unit. Shipping costs are $1.25 per sweater and you have negotiated at cost discount of 18.0%. You plan to retail the sweaters for $89.00. Your cumulative markup plan is 70.0%. What is the markup that you have achieved for the cable knit sweaters?

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