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7. Calculate the annual gross margin received by entrepreneurs who own Pan Boricua, Inc. when exporting sobao bread and water bread to the United
7. Calculate the annual gross margin received by entrepreneurs who own Pan Boricua, Inc. when exporting sobao bread and water bread to the United States (USA). For such calculations you should take into account: the margins described in the case, the average price charged by retailers for a pound of Pan Boricua/Los Cidrines to the public who buy the bread, the price paid by retailers to Pan Boricua, Inc. for each pound of bread purchased (remember the equation: cost (c) + margin (m) s selling price (p); look in the case for the margins reached by retailers and calculate an average for them; use that average to replace it in the equation; this will provide you with the answer to the question What is the price that retailers pay for the bread they buy from Pan Boricua) The sales price of Bakery Los Cidrines to Pan Boricua, Inc. for each pound of bread. (proceed as suggested in the previous point)
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