Reference no: EM132670891

Problem 1: Sales in Argentina were ARS 715 million, with COGS ARS 320 million, shipping/tariffs ARS 107 million, and promotional allowance ARS 111 million. What is the gross margin on the product?

Option 1: 55%

Option 2: 40%

Option 3: · 32%

Option 4: 25%

Problem 2: A product selling in France has a price to the channel of EUR 10.00, fixed costs of EUR 33 million, and variable costs of EUR 4.50. How many units does the company have to sell to break even?

Option 1: · 3 mill.

Option 2: 6 mill.

Option 3: 10 mill.

Option 4: 33 mill.