Find the selling price of one scooter, Accounting Basics

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Find the selling price of one scooter

Problem:

Motor Scooter: Kragen Auto Supply purchases 4-stroke gas scooters at a cost of $280 each. The company's operating expenses are 16% of cost, and a net profit of 7% of cost is desired.

Required:

Question: Find the selling price of one scooter.

Note: Please show basic calculation

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Accounting Basics: Find the selling price of one scooter

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Accounting Basics: Find the selling price of one scooter

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