Leekee needs to know what price to charge for this product


Leekee Shipyards has a new barnacle-removing product for ocean-going vessels. The company invests $1,000,000 in operating assets and plans to produce and sell 200,000 units per year. Leekee wants to make a return on investment of 20% each year. Leekee needs to know what price to charge for this product.

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Accounting Basics: Leekee needs to know what price to charge for this product
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