Ben, a fishing equipment manufacturer, is negotiating with one of his customers, Chris, who runs a fishing shop. Ben has
Posted: Thu May 26, 2022 8:05 am
Ben, a fishing equipment manufacturer, is negotiating with one
of his customers, Chris, who runs a fishing shop. Ben has a cost of
sales of €28 for each reel of fishing line sold. What will his
selling price to Chris be, if he is to make a sales margin of
30%?
€40
€36.40
€19.60
€25
of his customers, Chris, who runs a fishing shop. Ben has a cost of
sales of €28 for each reel of fishing line sold. What will his
selling price to Chris be, if he is to make a sales margin of
30%?
€40
€36.40
€19.60
€25