How did the merchant come out on the bookcase

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Reference no: EM131551547

The cost of a bookcase was $70. Overhead expenses associated with the bookcase with $10. Makeup on the bookcase was 80% of cost. The merchant marked the bookcase down by 25% for a sale. If the bookcase sold at this price, how did the merchant come out on the bookcase?

A) breakeven

B) operating profit

C) gross loss

D) operating loss

Reference no: EM131551547

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