A retailer's "markdown ratio" is calculated directly from its operating statement.

Name: A retailer's "markdown ratio" is calculated directly from its operating statement.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A retailer's "markdown ratio" is a measure of how much price reduction is given on the original selling price to dispose of slow-moving or excess inventory. It is not directly calculated from the operating statement, but rather from comparing the original price to the final selling price of the product.

A Retailer's "Markdown Ratio" Is Calculated Directly from Its Operating