Theodora Patel makes stuffed teddy bears. Recent information for her business follows:
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Business, 10.03.2020 18:27 sanakhalid9728
Theodora Patel makes stuffed teddy bears. Recent information for her business follows:
Selling price per bear$25.00
Total fixed cost per month1,500.00
Variable cost per bear15.00
She sells 350 bears this month.
Suppose sales increase by 20 percent next month, calculate the effect that increase will have on her profit. (Round your intermediate calculations to 2 decimal places. Omit the "%" sign in your response.)
Effect on profit:%
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