QUESTION 37 [HARD, do other questions first] The following data are available for...
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Accounting
QUESTION 37
[HARD, do other questions first] The following data are available for the Eastern Division of Meyers Products, Inc. The company makes and sells a single product.
Unit selling price of product $40
Unit variable expense of product $24
Total fixed expenses $560,000
Average operating assets: $3,000,000
How many units must the division sell each year to have an ROI of 16%?
A.
240,000
B.
65,000
C.
1,300,000
D.
52,000
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