Business 9609 · AS & A Level · Business finance

Business finance — practice question

Part 1[3]

Calculate the forecast gross profit margin for JF’s Option 1.

Worked solution & mark scheme

This 3-mark question has a full step-by-step worked solution and mark scheme. One marking point: Calculate gross profit by using sales revenue − cost of goods sold (GP = $150,000 − $60,000 = $90,000).

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