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Kryotek Inc manufactures flash drives for data storage. They want a retum of 21.50% on their investments. The investments in fixed assets and other current
Kryotek Inc manufactures flash drives for data storage. They want a retum of 21.50% on their investments. The investments in fixed assets and other current assets are $1,302,541. The desired profit may be reduced further if they spend $32,500 on the promotion campaign. Lightspeed Inc is a competitor of Kryotek Inc. Lightspeed inc sell their 125,878 flashdrives for a total of 5220 286.50. Kiyotek wants to keep their selling price per flash drive lower by 8% than that of the Lightspeed Inc 's flash drive sale price. Assuming that Kryotek intends to sell 2.500,069 units in a year and doesn't spend on promotion campaign, the target cost per flash drive will be Round up to 2 decimal places
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