Given the following information, what initial markup percentage ...

[anshika]

Given the following information, what initial markup percentage should be planned if net sales are expected to be 500,000?
 
  Operating expenses 120,000
  Net profit goal 30,000
  Planned reductions for markdowns 32,000
  Planned reductions for theft/shortage/discount 8,000
  Alteration costs 10,000
  Cash discounts received by the retailer 5,000
 a. 28 percent
  b. 36 percent
  c. 30 percent
  d. 39 percent
  e. 45 percent

Question 2

Most shoppers cannot consciously identify the elements of a good store, but they know when these elements are missing.
 
 Indicate whether the statement is true or false

[Galvarado142]

Answer to Question 1

B

Answer to Question 2

T

[anshika]

TYSM

[juliaf]

Excellent