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wrote...
Posts: 5631
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4 years ago
A toaster manufacturer who has invested $1 million in the business wants to set a price to earn a 20 percent return on investment, specifically $200,000. What pricing method should it choose?
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wrote...
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Posts: 12970
4 years ago
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The toaster manufacture should go for a target-return pricing. While using this pricing method, companies determine the price that yield its target rate of return on investment.
 
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wrote...
4 years ago
Makes a lot of sense, I appreciate your time, problem solved!
wrote...
4 years ago
You're very welcome! I'd appreciate your best answer vote
Retired master
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