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Answer the Following Questions Using the Information Below

question 88

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Answer the following questions using the information below:
Judith Vending Company has invested $800,000 in a plant to make vending machines. The target operating income desired from the plant is $120,000 annually. The company plans annual sales of 1,200 vending machines at a selling price of $1,000 each.
-What is the target rate of return on investment for Judith Vending Company?


Definitions:

Interest Inventories

Interest Inventories are psychological assessment tools used to identify an individual's preferences, interests, and passions, often for the purpose of career planning and development.

Vocational Assessment

A comprehensive evaluation process that identifies individuals' interests, abilities, and aptitudes to make informed career and vocational decisions.

Thematic Apperception Test

A projective psychological test that asks respondents to tell stories about ambiguous pictures, revealing their underlying motives, feelings, and attitudes towards life.

Personality Tests

Psychological assessments designed to reveal aspects of an individual's character or psychological makeup to understand their personality traits and tendencies.

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