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Concord Corporation has a new product going on the market next year. The following data are projections for production and sales: Variable costs $150000 Fixed
Concord Corporation has a new product going on the market next year. The following data are projections for production and sales:
| Variable costs | $150000 |
| Fixed costs | $450000 |
| ROI | 18% |
| Investment | $1600000 |
| Sales | 200000 units |
What is the markup percentage?
a. 20%
b. 192%
c. 64%
d. 48%
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Public Sector Accounting And Budgeting For Non-Specialists
Authors: G. Jan Van Helden, Ron Hodges
1st Edition
1137376988, 9781137376985
