Multiple Choice
Teller Company has designed a caller ID machine with a large screen that can be seen easily from across the room. The Sales Department believes that this product can be sold for $30 each. Teller requires that all new products yield 15% profit. What is the target cost of the new product?
A) $26
B) $4.50
C) $30
D) $25.50
E) $28.50
Correct Answer:
Verified
Correct Answer:
Verified
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