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Given the Following Information,what Is the Initial Markup Percentage? Planned

Question 100

Multiple Choice

Given the following information,what is the initial markup percentage? Planned sales = $180,000; planned expenses = $48,000; planned profit = $12,000 and planned reductions = $4,000.


A) 33 percent
B) 39 percent
C) 35 percent
D) 37 percent
E) 40 percent

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