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69.A firm employs average assets of $600 000 and calculates its mark-up on full cost based on a desired return on investment of 20 per

69.A firm employs average assets of $600 000 and calculates its mark-up on full cost based on a desired return on investment of 20 per cent. Expected production is 10 000 units, and the full cost per unit is $80. What is the mark-up percentage?

A.20%

B.120%

C.15%(why)

D.25%

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