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Author Question: Sandra Clothing Company has invested $51,000,000 in its business. The target rate of return for the ... (Read 45 times)

Coya19@aol.com

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Sandra Clothing Company has invested $51,000,000 in its business. The target rate of return for the company is 12%. It has long-term assets of $23,000,000. Cost of debt for the company is 8%. It expects to sell 12,000 units in the upcoming year. What will be the target operating income per unit for Sandra Clothing Company?
◦ $153
◦ $230
◦ $340
◦ $510


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Marked as best answer by Coya19@aol.com on Mar 6, 2021

fromAlphatoOmega22

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Coya19@aol.com

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Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it


alvinum

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Reply 3 on: Yesterday
Wow, this really help

 

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