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Summer 20 company is a price taker and uses a target-pricing approach. Based on the following what is the desired operating profit for the year?

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Summer 20 company is a price taker and uses a target-pricing approach. Based on the following what is the desired operating profit for the year? Production volume: 500,000 units per year Market Price: $30 per unit Desired operating profit: 10% of total assets Total assets: $20,000,000 Arial 3(12pt T

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