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For this fall season, Mrs. Rose, the hosiery buyer, planned…
For this fall season, Mrs. Rose, the hosiery buyer, planned to carry total merchandise worth $15,000, at retail, with a cumulative markup goal of 43%. The buyer began the season with merchandise amounting to $5,000 at cost, with a markup of 45%. Based upon this information, answer Q32-Q34. (You may want to use the following grid to reach the answer) If Mrs. Rose wants to meet her cumulative markup goal of 43% for total merchandise, what should be the $cumulative cost of the total merchandise?
For this fall season, Mrs. Rose, the hosiery buyer, planned…
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Fоr this fаll seаsоn, Mrs. Rоse, the hosiery buyer, plаnned to carry total merchandise worth $15,000, at retail, with a cumulative markup goal of 43%. The buyer began the season with merchandise amounting to $5,000 at cost, with a markup of 45%. Based upon this information, answer Q32-Q34. (You may want to use the following grid to reach the answer) If Mrs. Rose wants to meet her cumulative markup goal of 43% for total merchandise, what should be the $cumulative cost of the total merchandise?
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