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hat is the lowest price the Emporium can charge (per dozen) without making an absolute loss? しiabo しe +hout kis っbeol つ

hat is the lowest price the Emporium can charge (per dozen) without making an absolute loss? しiabo しe +hout kis っbeol つ

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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part D

Andal Golf Emporium sells golf balls for $30.95 per dozen. The emporium's overhead expenses are 47% of cost and Christian, the owner, requires a profit of 28% of cost. Do not include the $ sign in your answer(s). Do not include the, to indicate thousands in your answer(s) (a) For how much (per dozen) does Andal Golf Emporium buy the golf balls? (b) What is the break-even price? (C) What is the highest rate of markdown at which the Emporium will break-even on a dozen golf balls? A percentage correct to 2 decimal places. Do not include the % sign in your answer. (d) What is the lowest price the Emporium can charge (per dozen) without making an absolute loss? (e) What is the highest rate of markdown possible without making an absolute loss?
Transcribed Image Text:Andal Golf Emporium sells golf balls for $30.95 per dozen. The emporium's overhead expenses are 47% of cost and Christian, the owner, requires a profit of 28% of cost. Do not include the $ sign in your answer(s). Do not include the, to indicate thousands in your answer(s) (a) For how much (per dozen) does Andal Golf Emporium buy the golf balls? (b) What is the break-even price? (C) What is the highest rate of markdown at which the Emporium will break-even on a dozen golf balls? A percentage correct to 2 decimal places. Do not include the % sign in your answer. (d) What is the lowest price the Emporium can charge (per dozen) without making an absolute loss? (e) What is the highest rate of markdown possible without making an absolute loss?
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