Business, 21.05.2020 03:05, angscott9638

Concord Company is involved in producing and selling high-end golf equipment. The company has recently been involved in developing various types of laser guns to measure yardages on the golf course. One small laser gun, called LittleLaser, appears to have a very large potential market. Because of competition, Concord does not believe that it can charge more than $100 for LittleLaser. At this price, Concord believes it can sell 106,000 of these laser guns. Concord will require an investment of $8,056,000 to manufacture, and the company wants an ROI of 25%. Determine the target cost for one LittleLaser. Target cost $

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Concord Company is involved in producing and selling high-end golf equipment. The company has recent...