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

Evaluate the function requested. Write your answer as a fraction in lowest terms. Find Cos B
A data set has a median of 76, and eighteen of the numbers in the data set are less than median. the data set contains a total of n numbers. if n is even, and
An element has ccp packing with a face-centered cubic unit cell. its density is 8920 kg/m3 and the unit cell volume is 4.72 x 10-26 l. calculate the molar mass
WHAT IS THE RATE OF CHANGE FOR THIS
which nations gained independence from western powers as a result of changes caused by world war 2
lucie can walk about 3 4/5 miles each hour. about how far can she walk in 2 hours 45 minutes?
Can someone help me?
Jessica is comparing her bank statement to her check register, and the ending balances don't seem to match. To check her register for transposing errors, she ne
What was the most important similarity between knights and samurai? a. They received land for their service. b. They both pledged loyalty to lords. c. They prac
what causes surface tension under water