Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Bramble Corp. has a new product going on the market next year. The following data are projections for production and sales: Variable costs $162500
Bramble Corp. has a new product going on the market next year. The following data are projections for production and sales: Variable costs $162500 Fixed costs $450000 ROI Investment Sales 130000 14% $1300000 units What would the markup percentage be if only 80000 units were sold and Brislin still wanted to earn the desired ROI? O33% 20.36% 47.12%
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started