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markdown rate formula business math. A tennis racket marked at 11050 is on sale at 20 off. For example if youre stuck with an overstock of those 100 sweaters you can put them on sale for 60.
That includes inventory on hand in transit and any outstanding orders. So the markdown is 1030 03333 or roughly 33. The markdown is 25 of the original price of 55 so.
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Equity Assets Liabilities. X 02555 1375. Net Income Revenue Expense. That includes inventory on hand in transit and any outstanding orders.