Question
Last year the margin used by Vintage Farms was 25%, but this year the farm intends to use a mark-up of 20%. The projected
Last year the margin used by Vintage Farms was 25%, but this year the farm intends to use a mark-up of 20%. The projected sales for this year is $3.6 million. What would gross profit be if last year's margin was still being used? a. $720,000 O b. $780,000 Oc $600,000 Od. $900,000
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Engineering Economy
Authors: Leland T. Blank, Anthony Tarquin
8th edition
978-0073523439
