Calculate the target selling price per litre of Mars using the targeted rate of return on invested capital approach

financial year budget information above. 4.2. New Chemical Mars ("Mars") launch In order to expand its chemicals offering and take advantage of the increasing space-exploration, SOSY is considering entering the Mars market. Mars is a chemical used by astronauts to neutralise various waste products while in space. These neutralised waste products are discarded in the ocean just before the space aircraft lands from space. The expected investment to manufacture Mars is R12 000 000. The estimated cost price is R500 p/I and the annual demand is expected to be 100 000 litres. SOSY's target rate of return on capital invested is 20% per annum. As part of the investigation it was noted that the space-exploration and chemicals manufacturing companies were heavily criticised by Ms Greeta Thuunberg (an environmental activist) at the recent World Economic Forum. Ms Thuunberg lambasted these companies for (i) excessive use of coal- powered manufacturing facilities; (ii) the use of environmental unfriendly chemicals in their manufacturing processes; (iii) their appalling chemicals' discarding practices; and (vi) the high carbon monoxide emissions during the launching of the space aircraft. 4.3. Possible acquisition of Ama-Ventilator Chemicals (PTY) Ltd (AMC)