Answer the Following Questions Using the Information Below

Answer the following questions using the information below:
Botany Manufacturers has invested $1 000 000 in a plant to make commercial juicer machines.The target operating profit desired from the plant is $180 000 annually.The company plans annual sales of 7000 juicer machines at a selling price of $200 each.
-What is the target rate of return on investment for Botany Manufacturers?

A) 12.9%
B) 18.0%
C) 14.8%
D) 22.0%

Correct Answer:

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