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Rica Company Is a Price-Taker and Uses a Target-Pricing Approach

Question 30

Multiple Choice

Rica Company is a price-taker and uses a target-pricing approach. Refer to the following information: Rica Company is a price-taker and uses a target-pricing approach. Refer to the following information: How much is the desired profit for the year? A) $1,440,000 B) $18,000,000 C) $2,700,000 D) $2,085,000 How much is the desired profit for the year?


A) $1,440,000
B) $18,000,000
C) $2,700,000
D) $2,085,000

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