Ormand Organic Grocery has invested in a yogurt stand for its
store. The investment cost the company $100,000. Variable
materials, preparation, and marketing costs are expected to be
$1.05 per unit and fixed costs are estimated at $6,900 a year. If
actual sales were 20,900 servings, what would the ROI be using the
sales price of $2.15?
Multiple Choice
31.54%
22.99%
16.09%
38.04%
Ormand Organic Grocery has invested in a yogurt stand for its store. The investment cost the company $100,000. Variable
-
answerhappygod
- Site Admin
- Posts: 899604
- Joined: Mon Aug 02, 2021 8:13 am
Ormand Organic Grocery has invested in a yogurt stand for its store. The investment cost the company $100,000. Variable
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!