What is the markdown percentage the retailer journalizes, Financial Management

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What is the markdown percentage the retailer journalizes

The handbag buyer is planning a Thanksgiving sale event on all $79.00 handbags. The handbags will be promoted at $55.00. There will be a coupon in the sale circular for customer to take an additional 20% off their purchase.

-What is the markdown percentage the retailer journalizes?

-What is the markdown percentage that the customer actually receives?

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Financial Management: What is the markdown percentage the retailer journalizes

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Financial Management: What is the markdown percentage the retailer journalizes

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