Hi,
Why are we considering only 10% margin and not 30% of gross profit margin?
Thanks
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I am confused about why they only apply 10% margin and they do not apply 30% as well. Shouldn't it be revenues*30%*10%? Many thanks
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As the case states: “Margins after marketing expenses are on average 10%.” So, we need to consider this in our calcs.
Make sense? Or are you confused as to why we're including marketing expenses in the first place?
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