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6 years ago
A retailer has planned operating expenses of 44 percent of planned sales and a planned profit of 6 percent of sales. What markup percentage at retail does the retailer require?
A) 38 percent
B) 44 percent
C) 50 percent
D) The answer cannot be determined based on the information provided.
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Retail Management: A Strategic Approach

Retail Management: A Strategic Approach


Edition: 13th
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