Question: Cutting Edge Technologies sells its services through multiple channels. These channels generate the following margins: 35%, 20%, 38%, 31% and 14%, respectively. Cutting Edge Technologies

 Cutting Edge Technologies sells its services through multiple channels. These channels

Cutting Edge Technologies sells its services through multiple channels. These channels generate the following margins: 35%, 20%, 38%, 31% and 14%, respectively. Cutting Edge Technologies sells all of its units through these channels. Channel A sells 31 units, Channel B sells 21 units, Channel C sells 40 units, Channel D sells 28 units, and Channel E sells 10 units. What is the weighted average channel margin? 31.0% 23.2% 28.5% 26.0%

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!