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Business, 12.07.2019 23:10 student679

Crimpson company has invested $ 2 comma 000 comma 000 in a plant to make commercial juicer machines. the target operating income desired from the plant is $ 310 comma 000 annually. the company plans annual sales of 7 comma 000 juicer machines at a selling price of $ 300 each. what is the target rate of return on investment for crimpson company?

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