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Twenty Technologies, currently sells 17 4 monitors for$280. It has costs of $220. A competitor is bringing a new 17 monitor to market that will
Twenty Technologies, currently sells 17" 4 monitors for$280. It has costs of $220. A competitor is bringing a new 17" monitor to market that will sell for $230. Management believes it must lower the price to$230 to compete in the market for 17" monitors. Twenty Technologies believes that the new price will cause sales to increase by 10%, even with anew competitor in the market. Twenty Technologies' sales are currently .5100monitors per year What is the target cost if the target ?operating income is 25% of sales * (2 ) $230.00 O $210.00 O $172,50 $165.00 O
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