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
Given the following :
Markup on total cost = 28%
Projected selling price (price of similar products) = $56
Target cost = projected selling price - desired profit
Desired profit = 28% of target cost
Assume target cost = a
a = 56 - 28%a
a = 56 - 0.28a
a + 0.28a = 56
1.28a = 56
a = 56 / 1.28
a = 43.75
Therefore, target cost 'a' equals $43.75
the correct answer option is b. a single paragraph.
when you are thinking about paragraph topics, you should always choose a subject that can be adequately addressed in a single paragraph.
a paragraph is a piece of writing consisting of a few sentences that deal with a single theme. it has only a single idea that the paragraph revolves around and talks about.
so a paragraph topic must be chosen wisely where a single idea can be communicated in a single paragraph.
answer; limited pay life;