dorendajohnsonox5c3p dorendajohnsonox5c3p
  • 01-10-2017
  • Mathematics
contestada

If the unit selling price is 2.50 and the unit cost is 1.00 what action is needed to maintain the gross margin percentage when unit cost increase 0.25

Respuesta :

musiclover10045
musiclover10045 musiclover10045
  • 01-10-2017

The original gross margin is (2.50 / 1.00) - 1 = (2.5 - 1) = 1.5  =  150%

the cost increases 0.25, is an increase of (0.25 / 1.00) = 25%

  in order to keep the same gross margin, you need to increase the sale price by 25%

2.50*1.25 = 3.125

Then the gross margin is (3.125 / 1.25) - 1 = (2.5 - 1) = 1.5 = 150% ( same as original )

Answer Link

Otras preguntas

1. Who is Mao Zedong?
What is the prime factorization of 26
A news article is usually written as A. a descriptive text. B. a persuasive test. C. a narrative text. D. an expository text.
Napisz e-mail , Ktory Papiszon mógłby wysłać ksiegowemu z pracy , aby przeprosic go za zachowanie dzieci.
How many valence electrons does copper contain?
President Theodore Roosevelt was called a trustbuster because he (1) supported the building of the Panama Canal (2) negotiated peace between Russia and Japan (3
Most energy enters the ecosystem _____.
is " No hay que correr en esa calle" grammatically incorrect?
The Puritans who sought refuge in Holland were called: Separatists Tories Calvinists
The y-intercept of the line whose equation is x - y = 7 is