Pit Stop's Young Families customers generate annual margin for the company of $306 each. These customers order
Fantastic news! We've Found the answer you've been seeking!
Question:
Pit Stop's "Young Families" customers generate annual margin for the company of $306 each. These customers order from the company an average of 1.9 times per year, and they order merchandise where contribution margin as a percent of revenue averages 45%. What is the average order size in dollars for one of these "Young Families" customers? (Rounding: nearest penny.)
show step by step how you got the answer.
Related Book For
Financial Management for Public Health and Not for Profit Organizations
ISBN: 978-0132805667
4th edition
Authors: Steven A. Finkler, Thad Calabrese
Posted Date: