because one of the major reasons for conducting a test market is to achieve , the test-market city should be representative of t
1 answer:
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Answer:
The correct answer is "$ 30.34".
Explanation:
The value of the stock can be computed by the following formula:
⇒
On putting the values, we get
⇒
⇒
⇒ ($)
Answer:
13.01%
Explanation:
Gross Margin Ratio =
Gross Margin Ratio =
Gross Margin Ratio =
Gross Margin Ratio = 13.01%
Gross Profit Margin is represented as (Percentage) %. Now, the Gross profit margin is really worth investigating. It not only helps when comparing Gross Profit Margin with competitors but is also helpful in investigating and comparing previous year's Gross Profit Margin. If the Gross Profit Margin fallen there could be number of reasons for this, one might be the cost of goods sold has gone up. On contrary, on the other hand the increase in Gross Profit Margin might be because of increase in selling prices.