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Johnson Marine Has the Following Costs and Expected Sales for the Coming

Question 83

Multiple Choice

Johnson Marine has the following costs and expected sales for the coming year.Johnson is considering a number of different methods to determine the price of its product. Johnson Marine has the following costs and expected sales for the coming year.Johnson is considering a number of different methods to determine the price of its product. If Johnson determines price so as to receive a desired return on assets of 15%,the price is: A) $262.50 B) $306.00 C) $375.00 D) $364.29 E) $330.00
If Johnson determines price so as to receive a desired return on assets of 15%,the price is:


A) $262.50
B) $306.00
C) $375.00
D) $364.29
E) $330.00

Correct Answer:

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