If you give me wrong answer, I will give you un helpful rate. Vic's Jewelry Store bought a diamond ring for $1,500. Vicwants to mark up the set at 45 percent of the selling price.The selling price of the diamond ring should be:a. $2,727.27b. $2,325.00c. $2,175.00d. $3,333.33

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Answered: Vic's Jewelry Store bought a diamond…

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter6: Merchandising Transactions

Section: Chapter Questions

Problem 2PB: Record journal entries for the following transactions of Mason Suppliers. A. Sep. 8: Purchased 50...

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Vic's Jewelry Store bought a diamond ring for $1,500. Vic wants to mark up the set at 45 percent of the selling price. The selling price of the diamond ring should be: a. $2,727.27 b. $2,325.00 c. $2,175.00 d. $3,333.33