Maintained markup is 39 net sales are 52000 and reductions


Maintained markup is 39%, net sales are $52000, and reductions are $2500. What are the gross margin in dollars, and the initial markup as a percentage? Explain why initial markup is greater than maintained markup.

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Econometrics: Maintained markup is 39 net sales are 52000 and reductions
Reference No:- TGS0570959

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