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What is the desired profit for the year

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Reference no: EM132482228

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

Production volume

600,000

units per year

Market price

534

per unit

Desired operating income

17%

of total assets

Total assets

513,800,000


Question 1: What is the desired profit for the year?

Reference no: EM132482228

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