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Judith Vending Company has invested $ 1 , 0 9 0 , 0 0 0 ?in a plant to make vending machines. The target operating

Judith Vending Company has invested $ 1 , 0 9 0 , 0 0 0 ?in a plant to make vending machines. The target operating income desired from the plant is $ 2 1 8 , 0 0 0 ?annually. The company plans annual sales of 1 5 0 0 ?vending machines at a selling price of $ 1 0 0 0 ?each. What is the markup percentage as a percentage of cost for Judith Vending Company? 0 2 0 . 0 0 % 1 7 . 0 0 % 8 5 . 4 7 % 1 4 . 5 3 %

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