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Trump Ltd manufactures dolls ofvarious presidents of the USA. It employs average assets of $800 000 and calculates its markup on full cost based on

Trump Ltd manufactures dolls ofvarious presidents of the USA. It employs average assets of $800 000 and calculates its markup on full cost based on a desired return on investment of 30 per cent. Expected production is 50 000 units, and the full cost per unit is $48. What is the mark- up percentage? Select one: 0 20% O 15% O 5% O 10%

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