Answer the Following Questions Using the Information Below

Answer the following questions using the information below:
Botany Manufacturers has invested $1 000 000 in a plant to make commercial juicer machines.The target operating profit desired from the plant is $180 000 annually.The company plans annual sales of 7000 juicer machines at a selling price of $200 each.
-What is the mark-up percentage as a percentage of cost for Botany Manufacturers?

A) 18.0%
B) 12.9%
C) 14.8%
D) 22.0%

Correct Answer:

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Access For Free