Multiple Choice
Answer the following questions using the information below:
Potter Products has produced an electric coffee pot to complement its range of kitchen products.The new coffee pot can be sold at a target price of $46,and annual target sales volume for the coffee pot is 250 000.Potter has target operating profit of 20% of sales.
-What are the target sales revenues?
A) $1 150 000
B) $11 500 000
C) $12 000 000
D) $1 200 000
Correct Answer:
Verified
Correct Answer:
Verified
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