True/False
Pari Corporation purchases crystal vases for resale. The cost of each vase is $77 less 25%. Operating expenses are 30% of cost. Policy is to have a 60% mark-up on selling price. In order to breakeven Pari has to sell each vase at $75.08 or a 48% markdown.
Correct Answer:
Verified
Correct Answer:
Verified
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