After conducting a market research study, Stewart Manufacturing decided to produce a new interior door to complement its exterior door line. It is estimated that the new interior door can be sold at a target price of $120. The annual target sales volume for interior doors is 20,000. Stewart has a 20% expected return on sales target.
-What are target sales revenues?
A) $1,920,000
B) $4,000,000
C) $2,400,000
D) None of the above is correct.
Correct Answer:
Verified
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