What are earnings as a percentage of the final retail price

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In the electronics business, mark-up is in the order of 100% to 130% at each level of middleman. Let's say that it is 100%. Let's further say that your product passes through three levels of middleman, that your product is produced in accordance with the example (all the same numbers), and that = 50%. What are your retained earnings as a percentage of the final retail price?

Reference no: EM13229556

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