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I If the target selling price is $120 and the target profit margin is a...

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Question

Accounting

I

If the target selling price is $120 and the target profit margin is a 40 per cent mark-up on cost, what is the target cost?

Select one:

$168.00

$48.66

$72.00

$85.71

Clear my choice

Answer & Explanation Solved by verified expert
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