Johnson had $35,000 worth of merchandise, at original retail…

Johnson had $35,000 worth of merchandise, at original retail, which cost her $15,000. She had net markdowns of $2,350, employee and customer discounts of $510, and stock shortage of $133.  What was the maintained markup% she achieved given that she sold out the merchandise?

A retailer purchased 100 pairs of pants from a new vendor. …

A retailer purchased 100 pairs of pants from a new vendor.  The original retail price for these pants was set at $14.00 each, and 70 pairs were sold at this price.  Then, the first markdown to $10.00 per pair resulted in the sale of another 25 pairs.  Finally, the remaining 5 pairs were once again marked down to $8.00 and all sold at the second markdown price.  Please answer Q39 – Q40.   What was the net markdown% for the 100 pants?

A retailer establishes the following price zones and price e…

A retailer establishes the following price zones and price ending strategies for dress items in its stores. Promotional zone: $11.99 – $14.99, odd price endings Volume zone: $15.00 – $25.00, even price endings Prestige zone: $35.00 – $59.00, even price endings Which of the following is TRUE about regular prices (before markdowns) of dresses sold in this retailer’s stores?  

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?

A retailer purchased 100 pairs of pants from a new vendor. …

A retailer purchased 100 pairs of pants from a new vendor.  The original retail price for these pants was set at $14.00 each, and 70 pairs were sold at this price.  Then, the first markdown to $10.00 per pair resulted in the sale of another 25 pairs.  Finally, the remaining 5 pairs were once again marked down to $8.00 and all sold at the second markdown price.  Please answer Q39 – Q40.   What was the markdown% for the first markdown?