If a firm wants to achieve a 10% gross profit margin, how much would they mark up the cost of their goods by? Select one: a. 110% b. 10% c. 11% d. 9% 20 The responsibility for providing guidelines within which to draw up budgets and forecasts falls to: Select one: O a. Top management b. Middle management C. Lower and middle management! d. Lower management 0 e. Middle and top management