Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. sara has now started her cake company, and has dec

Sara has now started her cake company, and has decided to raise prices from $40...

70.2K

Verified Solution

Question

Accounting

Sara has now started her cake company, and has decided to raise prices from $40 a cake to $50 a cake. The cost to make each cake is still $15 a cake. Her shared kitchen still costs $1200 a month. What is the percentage markup per cake?

Question 17 options:

62.5%

70%

167%

233%

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

Your foreman claims that tree planting is a job for young people. He further claims that...

Mechanical Engineering
1.2K views

Assess the relevance of Mechanical Engineering discipline going by the new technological trends.

General Management
1.2K views

Automatic Data Processing is the company. 1) Does your selected business have differentiated products or services?...

Accounting
1.2K views

The trial balance of Pacilio Security Services, Inc. as of January 1, Year 6, had the...

Physics
1.2K views

Two point objects 0 and 0 are placed on the principal axis of a concave...

Physics
1.2K views

The system as shown in the figure is released from rest The pulley spring and...

Algebra
1.2K views

6 Graph the following using a graphing calculator Identify all of the roots of the...

Accounting
1.2K views

ABC company has bank balance on June 30, 2019...

Accounting
1.2K views

Anderson Publishing has two divisions: Book Publishing and Magazine Publishing. The Magazine division has been...

Accounting
1.2K views

Honores earned net income $337,000 last year. It has an estimated 70,000 shares of stock...

Finance
1.2K views

Please show work and round to two decimal places. Thank you! Euromarket investment and...

Finance
1.2K views

A put option that expires in seven months with an exercise price of $51 sells...