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A Retailer Has Planned Operating Expenses of 44 Percent of Planned

Question 29

Multiple Choice

A retailer has planned operating expenses of 44 percent of planned sales and a planned profit of 6 percent of sales.What markup percentage at retail does the retailer require?


A) 38 percent
B) 44 percent
C) 50 percent
D) The answer cannot be determined based on the information provided.

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