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Home > Business & Careers > Accounting   »   Mark-up

 
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Old Apr 15, 2008, 12:58 PM
Irina anjum
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Mark-up

A trader has budgted sales for the coming year of $300,000. he acheives a constant mark-up of 25% on cost. he plans to reduce his inventory level by $14,000 over the year. His budgeted purchases for the year will be????

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