Multiple Choice
Home Town Grocery has invested in yogurt stands for its stores. The investment cost the company $100,000. Variable materials, preparation, and marketing costs are expected to be $.60 a unit and fixed costs are estimated at $6,000 a year. If actual sales were 20,000 servings, what would the ROI be at a sales price of $1.70?
A) 16.0%
B) 22.0%
C) 28.0%
D) 8.4%
Correct Answer:
Verified
Correct Answer:
Verified
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