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Please help me with my accounting homework question because I am having issues finding the answer. Thank you. Take - a - Break Travel Company

Please help me with my accounting homework question because I am having issues finding the answer. Thank you.

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Take - a - Break Travel Company offers spring break travel packages to college students . Two of its packages , a 7- day , 6 - night trip to Cancun and a 5-day , 4 - night trip to Jamaica , have the following characteristics : Package Specifications Cancun Jamaica Cost Date OceanFront room ; number of nights 30 /' night Meals :` Breakfasts 4 5/'CE Lunches 5 T/Ea Dinners O 10 / ca $ Scuba diving trips $ 2 5 15 / ca Water skiing trips " LIT , $ 10 / ca AirFare ( round trip From Miami ) $ 175 / Cancun ) . $ 250 ( Jamaica ) Transportation to and From airport 1 1 15 / Cancun ) , 10 ( Jamaica ) The Cancun trip sells for $750 , and the Jamaica trip sells for $690 , and both packages allow two bags to be checked for free* Required :` 1 . What are the current profit margins on both trips ?" 2. Take - a - Break's management believes that it must drop the price on the Cancun and Jamaica trips to $ 710 and $650 , respectively , in order to remain competitive in the market . Recalculate profit margins for both packages at these price levels . Complete this question by entering your answers in the tabs below . Required 1 Required 2 Take - a - Break's management believes that it must drop the price on the Cancun and Jamaica trips to $ 710 and $ 550 , respectively , in order to remain competitive in the market . Recalculate profit margins for both packages at these price levels . (Round percentage answers to 1 decimal place . ) Cancun Jamaica Profit margin Profit margin ( 9/6) 9/0

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