break-even with additional revenue and margins

NfuyrlCn
timer Asked: Mar 24th, 2015

Question Description

It is estimated that re-branding the professional range of Black & Decker power-tools as "DeWalt" would require a $3 million increase in advertising budget. Given that the average margin on power tools is 10%, what is the additional revenue required to break-even on this budget increase? 


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