Johnson Marine has the following costs and expected sales for the coming year.Johnson is considering a number of different methods to determine the price of its product.
If Johnson determines price so as to receive a desired return on assets of 15%,the price is:
A)$262.50
B)$306.00
C)$375.00
D)$364.29
E)$330.00

Question

Johnson Marine has the following costs and expected sales for the coming year.Johnson is considering a number of different methods to determine the price of its product. 
If Johnson determines price so as to receive a desired return on assets of 15%,the price is:
A)$262.50 
B)$306.00 
C)$375.00 
D)$364.29 
E)$330.00

Quizplus · Accepted Answer

The Answer of Johnson Marine has the following costs and expected sales for the coming year.Johnson is considering a number of different methods to determine the price of its product. 
If Johnson determines price so as to receive a desired return on assets of 15%,the price is:
A)$262.50 
B)$306.00 
C)$375.00 
D)$364.29 
E)$330.00

Johnson Marine Has the Following Costs and Expected Sales for the Coming