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Author Question: The buyer for home furnishings purchased a lamp that cost 130 and will retail for 250 . What is the ... (Read 48 times)

fasfsadfdsfa

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on: Sep 11, 2018
The buyer for home furnishings purchased a lamp that cost 130 and will retail for 250 . What is the markup percent on the lamp?
 
  What will be an ideal response?

Question 2

Licensing is a legal business relationship in which a firm or an individual buys the exclusive right to conduct a retail business using a registered or trademarked name, using specified operating and financial procedures, in a stipulated territory or trading area. The benefits or costs associated with producing or consuming fashion goods are limited to the firm or person producing or consuming them.
 
  a. True
  a. False


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adammoses97

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Reply #1 on: Sep 11, 2018
Answer to Question 1

48

Answer to Question 2

b Franchising is a legal business relationship in which a firm or an individual buys the
exclusive right to conduct a retail business using a registered or trademarked name, using
specified operating and financial procedures, in a stipulated territory or trading area.


fasfsadfdsfa

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Reply 2 on: Sep 11, 2018
Great answer, keep it coming :)

ebonylittles

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Reply 3 on: Yesterday
Wow, this really help

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Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
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