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Wheeler Company is a priceminustaker and uses a targetminuspricing approach. Refer to the following information: Production volume 602 comma 000602,000 units per year Market price

Wheeler Company is a

priceminustaker

and uses a

targetminuspricing

approach. Refer to the following information:

Production volume

602 comma 000602,000

units per year

Market price

$ 34$34

per unit

Desired operating income

1717%

of total assets

Total assets

$ 13 comma 700 comma 000$13,700,000

What is the desired profit for the year?

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