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is a pricetaker and uses a targetpricing approach. Refer to the following information: Production volume 601,000 units per year Market price $32 per unit Desired
is a
pricetaker
and uses a
targetpricing
approach. Refer to the following information:
Production volume | 601,000 | units per year |
Market price | $32 | per unit |
Desired operating income | 15% | of total assets |
Total assets | $13,900,000 |
What is the desired profit for the year?
Question content area bottom
Part 1
A.
$90,150
B.
$2,085,000
C.
$19,232,000
D.
$5,332,000
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