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ChocAttack prices the cases of candy at full cost plus markup to generate protits equal to the target return on capital. Read the requirements. Data
ChocAttack prices the cases of candy at full cost plus markup to generate protits equal to the target return on capital. Read the requirements. Data table Requirement 1. What is the target operating income? (Enter the percentage as a whole number.) Requirement 2. What is the selling price ChocAttack needs to charge to earn the target operating income? Calculate the markup percentage on full cost. Begin by calculating the target revenues by working backwards from the target operating income
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