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What are the target sales revenues

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Problem 1: Potter Products has produced an electric coffee pot to complement its range of kitchen products. The new coffee pot can be sold at a target price of $46, and annual target sales volume for the coffee pot is 250 000. Potter has target operating profit of 20% of sales. What are the target sales revenues?

a. $12 000 000
b. $1 200 000
c. $1 150 000
d. $11 500 000

Reference no: EM132984152

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