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 is the markup percentage?
a) 112%
b) 40%
c) 20%
d) 62%
Answer: b) 40%
Business
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