Assume you are running a retail operation. You calculated weighted sales to be $225.00 per shopping cart.
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Question:
Assume you are running a retail operation. You calculated weighted sales to be $225.00 per shopping cart. You looked at competitive information and found that the cost of sales for them is 85%. You would like to invest $250,000 for marketing in your business.
- How many customers must you get to break even?
- How many customers must you get to make a 10% operating profit?
Related Book For
Managerial Accounting
ISBN: 9781259275814
11th Canadian Edition
Authors: Ray H Garrison, Alan Webb, Theresa Libby
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