Business, 22.04.2020 00:50 brenyasanders5345

A shoe department experienced the following merchandise activity for the first quarter of the year. A) Determine the departmental turnover for the period. Then, B) Interpret your numerical answer in words (i. e. For every $1.00 invested).

BOM (retail) (the numbers)

January $9,500

February $11,800

March $9,700

April $12,300

Gross sales $9200

Returns 8%

Cumulative markup 51%

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