will give thumbs up if correct #1. Given: The manager of a sporting goods store receives an instrucrion from the President of their company that a mark up rate 35% must guide all their managers in decidint about the retail price of their goods.    a. What is rhe mark up on a pair of shoes which costs the store 980 php?    b. Find also the selling price on the pair of shoes.    As much as possible, answer in table form. Will give upvote!

College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter10: Cash Receipts And Cash Payments
Section: Chapter Questions
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will give thumbs up if correct

#1. Given: The manager of a sporting goods store receives an instrucrion from the President of their company that a mark up rate 35% must guide all their managers in decidint about the retail price of their goods. 

 

a. What is rhe mark up on a pair of shoes which costs the store 980 php? 

 

b. Find also the selling price on the pair of shoes. 

 

As much as possible, answer in table form. Will give upvote!

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