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Par Putters Company sells golf balls for $35 per dozen. The store's overhead expenses are...

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Finance

Par Putters Company sells golf balls for $35 per dozen. The store's overhead expenses are 29% of cost and the owners require a profit of 39% of cost. (a) For how much does Par Putters Company buy one dozen golf balls? (b) What is the price needed to cover all of the costs and expenses? (c) What is the highest rate of markdown at which the store will still break even?

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