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Skis Selling Price 180,000 Cost 128,000 Replacement Cost 120,000 Sales Commission 10% Normal gross profit ratio 20% Data related to the inventories of Alpine Ski
| Skis | |
| Selling Price | 180,000 |
| Cost | 128,000 |
| Replacement Cost | 120,000 |
| Sales Commission | 10% |
| Normal gross profit ratio | 20% |
Data related to the inventories of Alpine Ski Equipment is presented in the table above.
Using the LCM rule, what is the value of the skis?
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Marketing Research
Authors: David A. Aaker, V. Kumar , George S. Day
8th Edition
047123057X, 9780471230571
