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What is the mark-up percentage

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Question - A firm employs average assets of $600 000 and calculates its mark-up on full cost based on a desired return on investment of 20 per cent. Expected production is 10 000 units, and the full cost per unit is $80. What is the mark-up percentage?

A. 20%

B. 120%

C. 15%

D. 25%

Reference no: EM132530711

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