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Southern Firecracker Company provides the following information for the new product it recently introduced. Total unit cost $1.25 Desired ROI per unit $.50 Target selling

Southern Firecracker Company provides the following information for the new product it recently introduced.

Total unit cost $1.25
Desired ROI per unit $.50
Target selling price $1.75

What is Southern Firecracker Companys percentage markup on cost?

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