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Practice Question: 2 With the following information on hand, calculate the Point of Total Assumption. Target Cost = 375,000 USD Target Profit = 25,000 USD

Practice Question: 2

With the following information on hand, calculate the Point of Total Assumption.

Target Cost = 375,000 USD

Target Profit = 25,000 USD

Target Price = 400,000 USD

Ceiling Price = 450,000 USD

Share Ratio = 75% buyer, and 25% seller

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