Question
Fast Shoe Company is a growing athletic footwear company. Total Sales have been $500,000. Costs to date for production are $150,000. Sales & Marketing Expenses
Fast Shoe Company is a growing athletic footwear company. Total Sales have been $500,000. Costs to date for production are $150,000. Sales & Marketing Expenses are $75,000, with the same amount for Research. Net Income is $275,000.
Using the assumptions above, answer the following:
- Gross Margin
- Operating Expenses
- Operating Profit Margin
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Business Forecasting
Authors: John E. Hanke, Dean Wichern
9th edition
132301202, 978-0132301206
