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Irisen Company Has Designed a Caller ID Machine with a Large

Question 25

Multiple Choice

Irisen 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 $40 each.Irisen requires that all new products yield 10% profit.What is the target cost of the new product?


A) $41
B) $28
C) $14
D) $36
E) $25

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