Rusty company is considering developing a new product. the, Ask an Expert

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Rusty Company is considering developing a new product. The company has gathered the following information on this product:

Expected total unit cost $20
Estimated investment for new product $700,000
Desired ROI 5%
Expected number of units to be produced and sold 1,000

what is the desired markup percentage ?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M969470

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