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Business, 01.07.2020 22:01 savannnab1890

Creative Chronometer, Inc. is planning to launch a new brand of watches for kids. Similar watches are available in the market for $56. In order to penetrate the market, the company plans to use target pricing and desires a 28% net profit markup on total cost. Calculate the target cost. (Round your answer to the nearest cent.) $71.68 $43.75 $40.32 $15.68

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Creative Chronometer, Inc. is planning to launch a new brand of watches for kids. Similar watches ar...
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