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Ivanhoe Company provides the following information for the new product it recently introduced. Total unit cost Desired ROI per unit Target selling price $1.29 $0.50

Ivanhoe Company provides the following information for the new product it recently introduced. Total unit cost Desired ROI per unit Target selling price $1.29 $0.50 $1.79 What is Ivanhoe Company's percentage markup on cost? O 25%. 20%. O 61%. 39%

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