Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please answer Walmart purchases 10,000 packages of Tide laundry detergent weekly from Proctor & Gamble at $4.50 a package. To increase weekly sales of Tide,

please answer

image text in transcribed
Walmart purchases 10,000 packages of Tide laundry detergent weekly from Proctor & Gamble at $4.50 a package. To increase weekly sales of Tide, Walmart gives a 10% discount on each package sold. The original selling price for each package is $6.25. The allocated expenses are $2,000 and the allocated fixed costs are $3,500. The allocated total assets are $50,000. Calculate the profit, unit gross margin gross margin percentage, and return on investment (ROI). Assume Walmart sells all 10,000 packages. Calculate revenue: $53,600 $56,300 $56,800 $53,800

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials Of Accounting

Authors: Robert N Anthony, Leslie K Breitner

10th Edition

136071821, 9780136071822

More Books

Students also viewed these Economics questions

Question

Define Administration and Management

Answered: 1 week ago

Question

Define organisational structure

Answered: 1 week ago

Question

2. In what way can we say that method affects the result we get?

Answered: 1 week ago