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Mellie Computer devices inc. is considering the introduction of a new printer. The company's accountant had prepared an analysis computing the taget cost per unit but misplaced his working papers. from memory he remembers the estimated unit sales price was $200 and the target unit cost was $195. sales were projected at 200,000 units with a required $5,000,000 investment.
Instructions
Compute the required minimum rate of returnSalesLess target costdesired ROI(in dollars)InvestmentMinimum ROI
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