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spin [16.1K]
2 years ago
6

Sawit Corporation, a manufacturer of woodworking tools, wants to introduce a new power screwdriver. To compete effectively, the

screwdriver cannot be priced at more than $14. The company requires a 15% rate of return on investment on all new products. In order to produce and sell 80,000 screwdrivers each year, the company will need to make an investment of $800,000. The target cost per screwdriver would be:
Business
1 answer:
maw [93]2 years ago
4 0

Answer:

The answer to the above question is $ 12.50

The answer and procedures of the exercise are attached in the following archives.

Explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
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Answer:

B. False.

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OlgaM077 [116]

Answer:

True.

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When a company shares it registration statement with SEC and it is in the procedure of checking, the company is free to distribute its free-writing prospectus.

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