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Eric church company is a price-taker and uses a

Question - Eric Church Company is a price-taker and uses a target-pricing approach. Refer to the following information:

Production volume	800,000 units per year
Market price	$30 per unit
Desired operating income	15% of total assets
Total assets	$10,900,000

What is the desired profit for the year?

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Accounting Basics: Eric church company is a price-taker and uses a

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Accounting Basics: Eric church company is a price-taker and uses a

Reference No:- TGS02900974

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