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explanation please Lowes Farm Supply paid $84 for a large bag of fertilizer. Expenses...

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Accounting

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explanation please

Lowes Farm Supply paid $84 for a large bag of fertilizer. Expenses are 18% of cost and the profit is 20% of cost. 1) What is the regular selling price? $ 21 2) If the fertilizer is sold at cost what is the resulting profit or loss? (Use a negative sign (-) if there is a loss.) Submit

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