Adrian's Salon Tracks Their Retail Merchandise in a Spreadsheet

question 7

Essay

Adrian's Salon tracks their retail merchandise in a spreadsheet. Cost is in Column B, Markup Rate is in Column C, Mark up Amount is in Column D, and Selling Price is in Column E.
If the Markup Rate and Selling Price Based on Cost are known, what formulas would be needed in Row 9 to find the missing values?

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Definitions:

Simple

Easily understood or done; presenting no difficulty.

Organizational Structure

The way in which a company or organization is organized, including the roles, responsibilities, and communication systems that govern how its activities are directed towards achieving its objectives.

Central Authority

The governing body or group at the highest level of organizational hierarchy, responsible for making major decisions.

Functional

Pertains to the practical or essential aspects of something, often referring to specific roles in a business or organization.