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stfajar stfajar
wrote...
Posts: 354
6 years ago
Sandra Clothing Company has invested $48,000,000 in its business. The target rate of return for the company is 15%. It has long-term assets of $20,000,000. Cost of debt for the company is 12%. It expects to sell 8,000 units in the upcoming year. What will be the target operating income per unit for Sandra Clothing Company?
A) $300
B) $375
C) $720
D) $900
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nnnnnn
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Posts: 173
6 years ago
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