Answer the Following Question(s)using the Information Below

question 26

Multiple Choice

Answer the following question(s) using the information below.After conducting a market research study, Potter Products decided to produce an electric coffee pot to complement its line of kitchen products.It is estimated that the new coffee pot can be sold at a target price of $46.The annual target sales volume for the coffee pot is 300,000.Potter has target operating income of 18% of sales.
-What is the target operating income?

• A)$2,931,120
• B)$2,160,000
• C)$2,036,880
• D)$2,484,000
• E)$248,400

---

Definitions:

Conspiracy Doctrine

A legal principle that defines agreement between two or more parties to commit an unlawful act or a lawful act in an unlawful manner.

Unlawful Conspiracies

Refers to agreements or plans made in secret, often between competitors, to perform actions that are illegal or deceptive.

Landrum-Griffin Act

A 1959 U.S. law aimed at protecting union members from corrupt practices of their own unions by establishing certain democratic procedures within unions and regulating union affairs.

Political Lobbying

The act of attempting to influence decisions made by officials in the government, often by special interest groups.