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10.00 points Turtle Inc. has developed a new and improved widget. The company plans to sell the product through an existing website. Turtle's marketing department

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10.00 points Turtle Inc. has developed a new and improved widget. The company plans to sell the product through an existing website. Turtle's marketing department believes the product will sell for $90. Turtle's goal is a 40 percent profit margin on the widget. Required: 1. If current prototypes cost $60.00 to produce, will Turtle meet its profit goal? O No O Yes 2. Calculate the target cost necessary for Turtle to earn 40 percent profit Target Cost

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