How much business must macys do to recoup the cost of


You are the promotion manager for Macy's. You are planning a Thanksgiving Day parade and celebration that will cost $2,500,000. How much business must Macy's do to recoup the cost of the investment if you know that the needed gross margin for Macy's is 38%? Calculate the breakeven sales needed.

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Financial Management: How much business must macys do to recoup the cost of
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