Your neighbor is a contractor and he wants you to sell him and his workers lemonade for $1.00 per glass. You determined that it cost .90$ to make one glass of lemonade. If you want ot make a 20% gross margin what new target cost will be required?
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Your neighbor is a contractor and he wants you to sell him and his workers lemonade for $1.00 per glass. You determined that it cost .90$ to make one glass of lemonade. If you want ot make a 20% gross margin what new target cost will be required?
$0.80
$ 0.834
While your are correct, the thread is 2 1/2 years old.
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