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Wheeler Company is a price-taker and uses a target-pricing approach. Refer to the following information: Production volume 600,000 units per year Market price $32 per
Wheeler Company is a price-taker and uses a target-pricing approach. Refer to the following information:
| Production volume | 600,000 | units per year |
| Market price | $32 | per unit |
| Desired operating income | 17% | of total assets |
| Total assets | $13,700,000 |
What is the desired profit for the year?
| a. $2,329,000 | ||
| b. $19,200,000 | ||
| c.$102,000 | ||
| d. $5,500,000 |
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Internal Control And Internal Audit In Non Profit Organizations A Practical Model
Authors: Kamal Bayramov
1st Edition
6203464015, 978-6203464016
