Flasket,Inc

question 88

Multiple Choice

Flasket,Inc.manufactures water bottles for children.Similar water bottles are available in the market for $14.Flasket desires a 30% net profit margin.Flasket's target cost is ________.(Round your answer to the nearest cent.)

• A)$9.80
• B)$18.20
• C)$14.00
• D)$4.20

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Definitions:

Social-Responsibility Norm

is a societal rule that people should help those who need assistance, based on the expectation that helping others is the right thing to do.

Altruism

The selfless concern for the well-being of others, often leading to acts of kindness without the expectation of reward.

Superordinate Goals

Objectives that require two or more groups to work together to achieve, thus reducing conflict by uniting the groups with common interests.

Disaster Relief

Assistance provided to individuals and communities in an effort to help them recover from catastrophic events.