Question: Set this up in excel Your supplier is quoting you a price on a new part that he would like to produce for you. If

Set this up in excel

  1. Your supplier is quoting you a price on a new part that he would like to produce for you. If the suppliers desired rate of return is 15 percent, the required investment $150,000, the estimated sales quantity 5000 units and the unit cost $80, what would be the selling price if he used the Rate-of-Return pricing model? (10 pts)

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