If the unit cost is $30, desired return on sales is 75%, invested capital $60000 and units sold are 20000 then target return price is __________?
A$36.25
B$40.25
C$32.25
D$45.25
Correct answer
C. $32.25
Explanation
$32.25 is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.