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Business, 15.04.2020 22:46 arlabbe0606

Gator Sports Inc. needs to decide on the price to charge for their 10,000 new football shirts they are producing for the fall. Their total variable cost is $100,000 and their total fixed cost is $100,000. Gator Sports Inc. invested $2 million in specialized equipment, and their target ROI is 20%. Using target ROI pricing, what should the selling price be?

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