ori Greiner, billionaire Shark and "Queen of QVC", exclaimed, "Oh my God!," after learning six pieces of vegan chicken wings, costing $2.67 to produce, are sold for $23. Based on this information, calculate the gross profit margin for six pieces of vegan chicken wings at Atlas Monroe. Using the Internet, research gross profit margins for manufactured vegan chicken. Compare research findings to your calculation of gross profit margin for Atlas Monroe's vegan chicken wings and provide your explanation as to why Lori Greiner exclaimed, "Oh my God!" (0.5%). Based on the Ms. Torres' apparent confusion and misunderstanding of financial terms, what advice would you offer to new entrepreneurs who plan to seek funding from Angels or Venture Capitalists?  

Answer rating: 100% (QA)

To calculate the gross profit margin for six pieces of vegan chicken wings at Atlas Monroe we need to subtract the cost of producing the wings from the revenue generated by selling them and then expre... View the full answer