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2b Ivanhoe Corporation makes a mechanical stutfed alligator. The following information is available for Ivanhoe Corporation's expected annual volume of 500.000 units; The company has
2b
Ivanhoe Corporation makes a mechanical stutfed alligator. The following information is available for Ivanhoe Corporation's expected annual volume of 500.000 units; The company has a desired ROI of 35%. It has invested assets of $24,000,000. Calculate the desired ROI per unit. (Round answer to 2 decimal places, e.g. 15.25.) Step by Step Solution
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