The markup on a TV should be 52% based on selling price. If the seller paid $192 for one, then how much should it be sold for (in $) to achieve the desired markup

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter23: Other Topics In Working Capital Management
Section: Chapter Questions
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The markup on a TV should be 52% based on selling price. If the seller paid $192 for one, then how much should it be sold for (in $) to achieve the desired markup?

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