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Jemima's Casuals sells high-class ladies outfits. It has an outlet in Dixie Value Mall . Its marketing policy is to sell every outfit for a
Jemima's Casuals sells high-class ladies outfits. It has an outlet in Dixie Value Mall . Its marketing policy is to sell every outfit for a fixed price of $75. The normal mark-up is 50% of cost, so selling price is 150% of cost. The fixed costs consist of rent, salaries, etc. and are $5,000 per month. In order to make a profit of $10.000 per month, the number of outfits it will have to sell is" $600 $650 O $750 O $850 $900 Minden Co. has sales of $500,000, operating profit of $50,000, interest expense of $10,000. tax expense of $20,000, total equity of $125,000, and total debt of $275,000. The company's return on sales is 80% 100% 125% 16.05 O 20.0
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