The home furnishings department had net sales of 420000 and


The home furnishings department had net sales of $420,000 and gross cost of merchandise sold of $187,500. The department's cash discount were $3,800 and alteration costs were $2,450. Determine the maintained markup percents and the gross margin.

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Financial Accounting: The home furnishings department had net sales of 420000 and
Reference No:- TGS01670599

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