Suppose You Could Invest $100,000 in Inventory,which You Expect to Be

question 177

Multiple Choice

Suppose you could invest $100,000 in inventory,which you expect to be able to sell at $140,000.If you expect your total selling costs to be $20,000,your expected profit rate would be ______ percent.

• A)10
• B)20
• C)40
• D)100
• E)140