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TArisorev TArisorev
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5 years ago
Crimpson Company has invested $2,100,000 in a plant to make commercial juicer machines. The target operating income desired from the plant is $305,000 annually. The company plans annual sales of 7400 juicer machines at a selling price of $600 each.

What is the target rate of return on investment for Crimpson Company?
A) 6.9%
B) 7.4%
C) 14.5%
D) 12.5%
Textbook 
Cost Accounting: A Managerial Emphasis

Cost Accounting: A Managerial Emphasis


Edition: 16th
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jloper25jloper25
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5 years ago
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