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rica company is a price taker and uses a target pricing approach. refer to the following information: Production Volume: 600,000 units per year Market price
rica company is a price taker and uses a target pricing approach. refer to the following information:
Production Volume: 600,000 units per year
Market price $30 dollars per unit
Desired operating income: %15 of total assets
total assets $13,900,000
What is the desired profit of the year
A. 18,000,000
B. 1,440,000
C. 2,085,000
D. 2,700,000
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