Q2. A manufacturer has invested $750,000 in a new product and wants to set a price...
Q2. A manufacturer has invested $750,000 in a new product and wants to set a price to earn a 15 percent ROI. The cost per unit is $18 and the company expects to sell 50,000 units in the first year. Calculate the company's target-return price for this product (1 point, word limit: 50 words)
Homework Answers
Target return price=unit cost+(desired ROI*invested capital)/project unit in sales
=18+(.15*750000)/50000
=20.25
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Q2. A manufacturer has invested $750,000 in a new product and
wants to set a price...
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