A small business has net sales of $1100 per month. Cost of goods sold is $600 per

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A small business has net sales of $1100 per month. Cost of goods sold is $600 per month. The business spends roughly $200 for marketing expenses every month. What would be the marketing return on sales?

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Applied Linear Algebra

ISBN: 978-0131473829

1st edition

Authors: Peter J. Olver, Cheri Shakiban

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Posted Date: Feb 08, 2023 05:51 AM

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A small business has net sales of $1100 per month. Cost of goods sold is $600 per

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Expert Answer:

The marketing return on sales can be calculated as follows Gross ... View the full answer

Applied Linear Algebra

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