Please solve all parts c. Selling price:$0.00 XRound to the nearest centd. Rate of markup on selling price:0.00 % *Round to two decimal places Lauren, a florist, buys and sells flowers at her store. She purchases roses at $2.25each, has operating expenses of 26% on cost, and has profits of 55% on cost. Calculatethe following.a. Desired profit per rose:$0.00 8Round to the nearest centb. Amount of markup:$0.00

Given - Purchasing Cost = $2.25 Operating expenses =26 % of Cost = 26100× 2.25= $0.585 Profit = 55%…

Answered: Lauren, a florist, buys and sells…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Lauren, a florist, buys and sells flowers at her store. She purchases roses at $2.25 each, has operating expenses of 26% on cost, and has profits of 55% on cost. Calculate the following. a. Desired profit per rose: $0.00 Round to the nearest cent b. Amount of markup: $0.00 *