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The company has a desired ROI of 20%. It has invested assets of $220,000,000, Required: a) Assume that Rita Corp. uses total cost-plus pricing. Calculate

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The company has a desired ROI of 20%. It has invested assets of $220,000,000, Required: a) Assume that Rita Corp. uses total cost-plus pricing. Calculate the markup percentage and determine the target selling price. Round to 2 decimal places. ( 7 marks) Assume that Rita Corp. uses absorption-cost pricing. Calculate the markup percentage and determine the target selling price. Round to 2 decimal places. ( 7 marks)

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