In the cocktail lounge at fribbes hotel a straight shot of, Ask an Expert

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In the cocktail lounge at Fribbes hotel, a straight shot of Irish whiskey is 1 1/2 ounces. The purchase price for 1 liter bottle of the pouring brand is $16.95. If the desired cost to sales ratio is 20 percent, what should be the sales price for the drink?

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Accounting Basics, Accounting

Category:- Accounting Basics
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