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The Kensington Corporation invested $2,500,000 in an operation to make wooden planks. The target rate of return on the investment is 15%. The company plans
The Kensington Corporation invested $2,500,000 in an operation to make wooden planks. The target rate of return on the investment is 15%. The company plans actual sales of 5000 planks at a full cost of $400 each. The prospective selling price for each plank is:
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