Question
The following data are available for the Northwestern Division of Dempsey, Inc. and the single product it makes. Average operating assets $3,000,000 Annual fixed costs
The following data are available for the Northwestern Division of Dempsey, Inc. and the single product it makes.
| Average operating assets | $3,000,000 |
| Annual fixed costs | 560,000 |
| Unit selling price | 40 |
| Variable cost per unit | 24 |
How many units must the division sell each year to achieve an ROI of 16%?
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Trends In Financial Decision Making
Authors: Cees Van Dam
1978 Edition
9020706926, 978-9020706925
