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Your Company makes and sells only one product. Annual data on the product follow: Selling price per unit $50 Variable cost per unit $30 Total fixed cost $200,000 Average operating assets $750,000 Minimum required rate of return 12% Your Company sells 16,000 units per year. What is the return on investment (ROI)? HINT: You have to organize the information above so it fits this formula for ROI. Your Company makes and sells only one product. Annual data on the product follow: Selling price per unit $50 Variable cost per unit $30 Total fixed cost $200,000 Average operating assets $750,000 Your Company sells 16,000 units per year. The manager of Your Company expects a minimum return of 12%. How many units need to be sold per year to achieve this? HINT: This is just a target income (Chapter 5) after you calculate expected net income