Posted by: Pdfprep
Post Date: October 28, 2020
What would the percentage of supply chain expenses need to be in order to achieve a 50% increase in gross profits? The current percentages are 100% for revenue, 10% for supply chain expense, 80% for other expenses, and hence, gross profit is 10%. Assume the revenues remain constant and the other expenses percentage remains constant at 80%.
A . 1 percent
B . 5 percent
C . 10 percent
D . 50 percent
E . 150 percent
Answer: B
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