markdown refers to
A) the difference between the final selling price and the retailer's cost.
B) the amount the manufacturer adds to achieve the desired suggested retail price.
C) discounting a product when the product does not sell at the original price.
D) the lowest price to which a retailer can reduce a sales ticket and still make a profit.
E) the net margin.

Question

Quizplus · Accepted Answer

Markdown refers to discounting a product when it does not sell at the original price. It is usually done to clear out excess inventory or to boost sales.

Markdown Refers to