Question
Johns Lamps is holding a one-week sale at Indiana University Kokomo. Steve plans to sell his lamps for $100 each. He buys his lamps from
Johns Lamps is holding a one-week sale at Indiana University Kokomo. Steve plans to sell his lamps for $100 each. He buys his lamps from a Chinese supplier for $50. The University is offering Steve two payment alternatives for the use of their space. Option one is a fixed payment of $4,000 and option two is 10% of the profits. Above how many lamps does option one begin to outperform option two?
Group of answer choices
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100
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800
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Auditing Self Storage Preventing Employee Theft And Embezzlement The Majority Of Self Storage Managers Are Trustworthy Responsible Reliable And Honest Embezzlement Is Often A Crime Of Opportunity
Authors: Tom Litton, Poppy Behrens, Erica Shatzer, George Bernal
1st Edition
0977157814, 978-0977157815
