Question
Blossom Look produces and sells high-end golf equipment. The company has recently been involved in developing various types of laser guns to measure distances on
Blossom Look produces and sells high-end golf equipment. The company has recently been involved in developing various types of laser guns to measure distances on the golf course. The potential market for one small laser gun, the LittleBlossom, appears to be very large. Because of competition, Blossom Look does not believe that it can charge more than $85 for LittleBlossom. At this price, Blossom Look believes it can sell 100,000 laser guns. LittleBlossom will cost $8,000,000 to manufacture, and the company wants an ROI of 15%. Determine the target cost for one LittleBlossom. (Round answer to 2 decimal places, e.g. 15.25.)Blossom Look produces and sells high-end golf equipment. The company has recently been involved in developing various types of laser guns to measure distances on the golf course. The potential market for one small laser gun, the LittleBlossom, appears to be very large. Because of competition, Blossom Look does not believe that it can charge more than $85 for LittleBlossom. At this price, Blossom Look believes it can sell 100,000 laser guns. LittleBlossom will cost $8,000,000 to manufacture, and the company wants an ROI of 15%. Determine the target cost for one LittleBlossom. (Round answer to 2 decimal places, e.g. 15.25.)vBlossom Look produces and sells high-end golf equipment. The company has recently been involved in developing various types of laser guns to measure distances on the golf course. The potential market for one small laser gun, the LittleBlossom, appears to be very large. Because of competition, Blossom Look does not believe that it can charge more than $85 for LittleBlossom. At this price, Blossom Look believes it can sell 100,000 laser guns. LittleBlossom will cost $8,000,000 to manufacture, and the company wants an ROI of 15%. Determine the target cost for one LittleBlossom. (Round answer to 2 decimal places, e.g. 15.25.)Blossom Look produces and sells high-end golf equipment. The company has recently been involved in developing various types of laser guns to measure distances on the golf course. The potential market for one small laser gun, the LittleBlossom, appears to be very large. Because of competition, Blossom Look does not believe that it can charge more than $85 for LittleBlossom. At this price, Blossom Look believes it can sell 100,000 laser guns. LittleBlossom will cost $8,000,000 to manufacture, and the company wants an ROI of 15%. Determine the target cost for one LittleBlossom. (Round answer to 2 decimal places, e.g. 15.25.)Blossom Look produces and sells high-end golf equipment. The company has recently been involved in developing various types of laser guns to measure distances on the golf course. The potential market for one small laser gun, the LittleBlossom, appears to be very large. Because of competition, Blossom Look does not believe that it can charge more than $85 for LittleBlossom. At this price, Blossom Look believes it can sell 100,000 laser guns. LittleBlossom will cost $8,000,000 to manufacture, and the company wants an ROI of 15%. Determine the target cost for one LittleBlossom. (Round answer to 2 decimal places, e.g. 15.25.)Blossom Look produces and sells high-end golf equipment. The company has recently been involved in developing various types of laser guns to measure distances on the golf course. The potential market for one small laser gun, the LittleBlossom, appears to be very large. Because of competition, Blossom Look does not believe that it can charge more than $85 for LittleBlossom. At this price, Blossom Look believes it can sell 100,000 laser guns. LittleBlossom will cost $8,000,000 to manufacture, and the company wants an ROI of 15%. Determine the target cost for one LittleBlossom. (Round answer to 2 decimal places, e.g. 15.25.)Blossom Look produces and sells high-end golf equipment. The company has recently been involved in developing various types of laser guns to measure distances on the golf course. The potential market for one small laser gun, the LittleBlossom, appears to be very large. Because of competition, Blossom Look does not believe that it can charge more than $85 for LittleBlossom. At this price, Blossom Look believes it can sell 100,000 laser guns. LittleBlossom will cost $8,000,000 to manufacture, and the company wants an ROI of 15%. Determine the target cost for one LittleBlossom. (Round answer to 2 decimal places, e.g. 15.25.)
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