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    palmetto326's Avatar
    palmetto326 Posts: 2, Reputation: 1
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    #1

    May 7, 2007, 07:04 PM
    Gross margin analysis
    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?
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
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    #2

    May 7, 2007, 07:11 PM
    $0.80
    sachinngp80's Avatar
    sachinngp80 Posts: 1, Reputation: 1
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    #3

    Dec 29, 2009, 04:19 AM
    $ 0.834
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #4

    Jan 4, 2010, 08:38 PM

    While your are correct, the thread is 2 1/2 years old.

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