Business
Business, 05.05.2020 23:41, macy2571

Francis works for a local fly-fishing shop. The shop allows employees to purchase two fly rods per year at a discount. This year, Francis purchased one rod. The rod normally retails for $300, was purchased for $225, was sold to Francis for $250, and the employer's average gross profit percentage is 30 percent. What amount of the discount must be included in Francis's income?

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Francis works for a local fly-fishing shop. The shop allows employees to purchase two fly rods per y...

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