If Apple had maintained the iPad’s 59% gross margin after the cost decrease, what sales price would it have put on the iPad? (Round answer to 2 decimal places, e.g. 0.38.) Sales price

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter4: Preparing And Using Financial Statements
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If Apple had maintained the iPad’s 59% gross margin after the cost decrease, what sales price would it have put on the iPad? (Round answer to 2 decimal places, e.g. 0.38.)

Sales price
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