Question: Assignment 5 - Ch 5 i 3 30 points Mc Print References Kim works at a sports store and needs to determine the selling price

Assignment 5 - Ch 5 i 3 30 points Mc Print References Kim works at a sports store and needs to determine the selling price for running shoes. The running manager asked Kim to price the running shoes with a 60% target gross margin. Kim has priced the ru percentage. Required: 1. What selling price does the manager want? Selling price 2. What selling price has Kim calculated? Selling price 3. If there are 40 running shoes, how much will the store lose in sales if the price is not corrected? Loss in sales Saved " Drow 2 of -- S -- Next

Kim works at a sports store and needs to determine the selling price for running shoes. The running manager asked Kim to price the running shoes with a 60% target gross margin. Kim has priced the percentage. Required: 1. What selling price does the manager want? 2. What selling price has Kim calculated? 3. If there are 40 running shoes, how much will the store lose in sales if the price is not corrected

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