2. apex autos acquired a new car from a manufacturer for an invoice price of $22,450.00, and it set
the sticker price with a 12% markup. a customer came into apex autos, traded in her old car, and
purchased this new car. she paid the sticker price minus the amount of money she was given for her
old car, which was $7750.00. apex autos then marked up the customer's old car by 20% and sold it
to somebody else. let's analyze how well apex autos made out on this deal.