Markdown Refers to

question 46

Multiple Choice

Markdown refers to

• A)the difference between the final selling price and the retailer's cost.
• B)discounting a product when the product does not sell at the original price and an adjustment is necessary.
• C)facilitating the reduction in retail price, usually expressed as a percentage equal to the amount reduced, divided by the original price, and multiplied by 100.
• D)the lowest price to which a retailer can reduce a sales ticket and still make a profit.
• E)the discounting of a ticket price at which a retailer can no longer make a profit and actually loses money.