What pricing factor would managers use if they want to establish drink prices that will yield a 20% beverage cost?

Name: What pricing factor would managers use if they want to establish drink prices that will yield a 20% beverage cost?
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Question

Quizplus · Accepted Answer

To establish drink prices that yield a 20% beverage cost, managers would use a pricing factor of 5.0. This is because the pricing factor is calculated as 100 divided by the desired cost percentage (100 / 20 = 5.0).

What Pricing Factor Would Managers Use If They Want to Establish