Business, 13.07.2021 15:20 andreaisabela

Timothy Company has invested $1,000,000 in a plant to make vending machines. The target operating income desired from the plant is $150,000 annually. The company plans annual sales of 1,500 vending machines at a selling price of $1,000 each. What is the markup percentage as a percentage of cost for Timothy Company?

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Timothy Company has invested $1,000,000 in a plant to make vending machines. The target operating in...