The total capital investment for a chemical plant is $2 000000, and the working capital is...

 

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The total capital investment for a chemical plant is $2 000000, and the working capital is $200,000. If the plant can produce an average of 6000 kg of final product per day during a 365-day year, what selling price in dollars per kilogram of product would be necessary to give a turnover ratio of 3? The total capital investment for a chemical plant is $2 000000, and the working capital is $200,000. If the plant can produce an average of 6000 kg of final product per day during a 365-day year, what selling price in dollars per kilogram of product would be necessary to give a turnover ratio of 3?

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