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Take me to the text Red Ray DVD Company ( Red Ray ) manufactures portable DVD players. The company requires a 1 5 % rate
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Red Ray DVD Company Red Ray manufactures portable DVD players. The company requires a rate of return on its investments. To start up the business, an investment of $ was required. General and administrative expenses total $ Each year, the sales volume is equal to DVD players, each with a unit product cost of $ Assuming that the company uses the formula method, determine the markup percentage that Red Ray would apply in a costplus pricing scheme.
Do not enter percentage signs or commas in the input boxes.
Round your answer to decimal places.
Markup Percentage:
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