Sit well earned a 25 return on its investment of 6 million


Question - Sit Well Corporation manufactured and sold 25,000 chairs this year. Total cost to manufacture per unit was $180. Sit Well earned a 25% return on its investment of $6 million. Calculate the markup and the selling price for the chairs.

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Accounting Basics: Sit well earned a 25 return on its investment of 6 million
Reference No:- TGS02602074

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