BUS 101 Miami University
Simplified Exam Questions with 100% Correct Answers
How to calculate gross profit margin (%)? - (gross profit/selling price) x 100
How to calculate revenue? - selling price * units sold
How to calculate gross profit for all units? - revenue - cost of good sold
How to calculate share price? - value of company/number of shared issued and outstanding
How to calculate overall gross margin - total gross profit/ revenue x 100
What is predicted growth after year 1 for auto & mobile? - 35% for both
What is predicted growth after year 2 for auto & mobile? - 25 for mobile, 35 for auto
What are mobile customers important features? - resolution and power
What are auto customers important features? - sensitivity and temperature range
What are mobile/auto customers more sensitive to - price/quality
what is auto average gross profit margin - 70%
Simplified Exam Questions with 100% Correct Answers
How to calculate gross profit margin (%)? - (gross profit/selling price) x 100
How to calculate revenue? - selling price * units sold
How to calculate gross profit for all units? - revenue - cost of good sold
How to calculate share price? - value of company/number of shared issued and outstanding
How to calculate overall gross margin - total gross profit/ revenue x 100
What is predicted growth after year 1 for auto & mobile? - 35% for both
What is predicted growth after year 2 for auto & mobile? - 25 for mobile, 35 for auto
What are mobile customers important features? - resolution and power
What are auto customers important features? - sensitivity and temperature range
What are mobile/auto customers more sensitive to - price/quality
what is auto average gross profit margin - 70%
