Brislin Products has a new product going on the market next year. The following data are projections for production and sales:
Variable costs $250,000
Fixed costs $450,000
ROI 14%
Investment $2,000,000
Sales 200,000 units
What would the markup percentage be if only 150,000 units were sold and Brislin still wanted to earn the desired ROI?
a) 32.95%
b) 53.33%
c) 44.00%
d) 35.0%
c) 44.00%
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Variable cost per unit is constant throughout various relevant ranges
Indicate whether the statement is true or false
Bascomb purchased a parcel of real property, and received a standard policy of title insurance. Bascomb would be protected against all of the following items except:
A: The grantor's signature was forged on the deed; B: Easements and liens on the property not revealed by the public records; C: The delivery of a previous deed in the chain of title without the intent of the grantor; D: The insanity of the grantor.