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Author Question: The owner of Josie's Sport Shop purchased 40 linen blazers that cost 45 each and 32 silk blazers ... (Read 786 times)

kshipps

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on: Sep 11, 2018
The owner of Josie's Sport Shop purchased 40 linen blazers that cost 45 each and 32 silk blazers that cost 58 each. She plans to retail the linen blazers for 85 each. If she is to achieve a 48.2 overall markup, what must be the average retail price for each silk blazer?
 
  a. 118.90
  b. 120.25
  c. 110.51
  d. 114.31

Question 2

This type of dating is calculated from the date the merchandise is received at the store rather than from the date of the invoice:
 
  a. ROG
  b. EOM
  c. X dating
  d. Advanced dating


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T4T

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

d. 114.31

Answer to Question 2

a. ROG


kshipps

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Reply #2 on: Sep 11, 2018
Both answers were spot on, thank you once again


T4T

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Reply #3 on: Sep 11, 2018
Great! Please up vote :D


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