Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

45. Supplier Corp has invested assets of $4,000,000 and expects an ROI of 25%. During the year Supplier Corp expects to sell 500,000 units. If

image text in transcribed
45. Supplier Corp has invested assets of $4,000,000 and expects an ROI of 25%. During the year Supplier Corp expects to sell 500,000 units. If the total cost per unit is $30, what should the minimum sale price be? A. $30 B. $32 C. $38 D. $37.50 46. If Retailer purchases 100 units of inventory for $20,000 and marks up cost by 45%, how much will Retailer sell each unit for? A. $200 B. $245 C. $290 D. $137.93 E. $90

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Teaching Calculation Audit And Test

Authors: Richard English

1st Edition

144627277X, 978-1446272770

More Books

Students also viewed these Accounting questions

Question

What must a creditor do to become a secured party?

Answered: 1 week ago

Question

When should the last word in a title be capitalized?

Answered: 1 week ago