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The juniors' department had net sales of $580,000 for October. If markdowns were 39.5%, determine the dollar amount of the markdowns.

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abiolataiwo2015

Answer:

$229,100

Explanation:

Calculation to determine the dollar amount of the markdowns

Using this formula

Dollar amount=Markdowns percentage*Net sales

Let plug in the formula

Dollar amount=.395 x 580,000

Dollar amount= $229,100

Therefore the dollar amount of the markdowns is $229,100

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