Information is available concerning trade margins and costs

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Within a given distribution channel, the following information is available concerning trade margins and costs. A wholesaler has a unit selling price of $250 and a unit cost of $140. The retailer requires a 33% mark up on selling price. The manufacturer has unit variable costs of $37. Calculate the wholesaler percent mark up on cost. Report your answer as a percentage and round to the nearest percent

Reference no: EM13725297

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