A buyer recieved 48 skirts retailing for 55 each for a


A buyer recieved 48 skirts retailing for $55 each . For a moonlight madness sale, the price of these skirts was reduced to $40. During the sale 28 skirts were sold. After the sale was over , the remaining 20 skirts were returned to their original price. All of these skirts were sold for $55 . Find the markdown cancelation , net markdown, and net markdown percent.

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Financial Accounting: A buyer recieved 48 skirts retailing for 55 each for a
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