* Nike Sport is considering introducing a student .3 backpack called the "bag." The company is planning to invest $2,000,000 in this venture. According to market analysis, it appears that the company will be able to sell 350,000 units if they price each bag at $27 "the selling price". Additionally, the company aims to achieve a 35 .percent return on investment Accordingly, The desired profit for this new (2) product line is 700,000 O 70,000,000 O 122,500 12,250 O

Nike Sport is considering introducing a student backpack called the "bag." The company is planning to invest $2,000,000 in this venture. According to market analysis, it appears that the company will be able to sell 350,000 units if they price each bag at $27 "the selling price". Additionally, the company aims to achieve a 35 .percent return on investment Accordingly, The desired profit for this new (2) product line is 700,000 70,000,000 122,500 12,250