The Following Per Unit Information Is Available for a New

question 2

Multiple Choice

The following per unit information is available for a new product of Red Ribbon Company: $$\begin{array} { l r } \text { Desired ROI } & \$ 20 \\\text { Fixed cost } & 40 \\\text { Variable cost } & 60 \\\text { Total cost } & 100 \\\text { Selling price } & 120\end{array}$$ Red Ribbon Company's markup percentage would be

• A) 17%.
• B) 20%.
• C) 33%.
• D) 50%.

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Definitions:

Paleolithic Prescription

An approach to health and diet that advocates for eating and exercising in ways that mimic the habits of our Paleolithic ancestors.

Melvin Konner

An anthropologist and author known for his work on the evolution of human behavior, child development, and the integration of biological and cultural perspectives in the study of humanity.

Marjorie Shostak

An anthropologist known for her work studying the !Kung San people, focusing on the lives of women in this society.

Boyd Eaton

An American medical doctor and proponent of the Paleolithic diet, emphasizing a dietary lifestyle based on the presumed eating habits of Paleolithic humans.