What would be martin companys percentage markup on cost

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Reference no: EM131438308

The following information is provided for Martin Company for the new product it recently introduced: Total unit cost - $40 Desired ROI per unit - $12 Target selling price - $52 What would be Martin Company's percentage markup on cost?

a - 70% b - 20% c - 130% d - 23%

Reference no: EM131438308

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