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 it does not sell at the original price and an adjustment is necessary.
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 the act of discounting a product when it does not sell at the original price and an adjustment is necessary. It is usually done to clear out the inventory and make space for new products.

Markdown Refers to