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What is the desired profit for the year

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Question - Eric Church Company is a price-taker and uses a target-pricing approach. Refer to the following information:

Production volume

800,000 units per year

Market price

$30 per unit

Desired operating income

15% of total assets

Total assets

$10,900,000

What is the desired profit for the year?

Reference no: EM132107519

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