Question
A small business has net sales of $1100 per month. Cost of goods sold is $600 per month. The business spends roughly $200 for marketing
A small business has net sales of $1100 per month. Cost of goods sold is $600 per month. The business spends roughly $200 for marketing expenses every month. What would be the marketing return on sales?
Step by Step Solution
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Step: 1
The marketing return on sales can be calculated as follows Gross ...
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Applied Linear Algebra
Authors: Peter J. Olver, Cheri Shakiban
1st edition
131473824, 978-0131473829
