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A company intends to sell a product to retailers, who are expected to sell it to consumers for $10.00. Retailers take a 15% margin. The
A company intends to sell a product to retailers, who are expected to sell it to consumers for $10.00. Retailers take a 15% margin. The company has unit variable costs of $2.50, and fixed costs total $240,000. What must its unit and dollar sales be to break even? How many units must it sell to earn a 20% return on its investment of $300,000?
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