This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: 2. Based on the volume determined in question 1 how much will the shoes need to sell for to make a 12% profit? 1).800,000 x .12 2). 896,000-80,000/48,000= 17 a pair of shoe 3. How many pairs of shoes would need to be sold and at what price to recover the initial plant investment in five years? 1). 800,000/5=160,000 2). 160,000-80,000=80,000 3). 48,000/5= 9600 4). 80,000/9600=$8.33 Explain your answers and how they were calculated. Number your answers and enter below 1. BUS 360Rg Chapter 12 Assignment –Instructor: Weems I certify that I completed this Chapter exercise without assistance from anyone and that these answers are solely my own work. MIE 480 Student Profile Turn Over...
View Full Document
- Spring '11
- Marketing, retail price, North Carolina State University, North Carolina State