Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Given the following information, Sales = $100,000,000 COGS = $50,000.000 Other Expenses = $41,000,000 Pre-tax profit = $9,000,000 Logistics costs are 10% of sales. How

Given the following information,

  • Sales = $100,000,000
  • COGS = $50,000.000
  • Other Expenses = $41,000,000
  • Pre-tax profit = $9,000,000
  • Logistics costs are 10% of sales.

How much would you have to decrease your logistics costs to increase pre-tax profit by 10%?

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_2

Step: 3

blur-text-image_3

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

Effective small business management An Entrepreneurial Approach

Authors: Norman M. Scarborough

10th Edition

132157462, 978-0132157469

More Books

Students also viewed these General Management questions

Question

3. What is/are the population(s) in this study?

Answered: 1 week ago