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THE FOLLOWING INFORMATION APPLIES TO QUESTIONS 15 THROUGH 17. Jamestown Company has invested $2,000,000 in a plant to make vending machines. The target operating income desired from the plant is $300,000 annually. The company plans annual sales of 1,500 vending machines at a selling price of $2,000 each 15. What is the target rate of return on investment for Jamestown Company? a. 15.00%. 30o, ooo b. 17.60%. C. 10.00%. 11.10%. 16. What is the markup as a percentage of cost for Jamestown Company? 30000 0 X t on a. 15.00%. 17.60%. c. 10.00%. d. 11.10%. 17. What is the cost base of each vending machine for Jamestown Company? a $1,739 b. $1,800 c. $1,700 d. $1,780