A Company Using Cost-Plus Pricing Has an ROI of 24

question 33

Multiple Choice

A company using cost-plus pricing has an ROI of 24%, total sales of 20,000 units and a desired ROI per unit of $30. What was the amount of investment?

• A) $144,000
• B) $2,500,000
• C) $456,000
• D) $789,475

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Definitions:

China

A country located in East Asia, known for being the world's most populous country and for its significant economic, cultural, and political influence globally.

Equity

In finance, equity represents the ownership interest in a company or property, often measured as the difference between the value of the assets and the liabilities.

Efficiency

The optimal use of resources to achieve the desired outcomes with minimal waste of time, effort, or materials.

Government

A system or group of people governing an organized community, often a state.