Answer:yes
Step-by-step explanation:
Get the gross margin percentage of cost and multiply it to the new unit cost to get maintain the same gross margin percentage of cost.
Units Selling Price : 2.50
Unit Cost - <u>1.00</u>
Profit Margin : 1.50
Gross profit margin % on sales: 1.50 / 2.50 = 0.60 x 100% = 60%
Gross profit margin % on cost : 1.50 / 1.00 = 1.50 x 100% = 150%
If the cost increase by $0.25
Unit cost : 1.00 + 0.25 = 1.25
1.25 * 150% = 1.875 gross margin.
Gross margin + Unit Cost = Unit Price
1.875 + 1.25 = 3.125
Gross margin % on sales : 1.875 / 3.125 = 0.60 x 100% = 60%
Gross margin % on cost : 1.875 / 1.25 = 1.50 x 100% = 150%
Answer:
Okay. I got:
FGCE
Step-by-step explanation:
Answer:the expression is 5x - 2
Step-by-step explanation:
The number of customers in a store on the first day is represented by: (6x - 3).
The number of customers on the second day is represented by: (x - 1)
An expression to find how many more customers visited the store on the first day would be the difference between the number of customers that visited the store on the first day and the number of customers that visited the store on the second day. The expression becomes
6x - 3 - (x - 1)
= 6x - 3 - x + 1
= 6x - x - 3 + 1
= 5x - 2