Assume that Coma wants to sell 20,000 gallons next year. What minimum selling price would Coma have…
Assume that Coma wants to sell 20,000 gallons next year. What minimum selling price would Coma have to charge for each gallon in order to still obtain its projected net operating income of $72,000?
A) $11.00
B) $13.50
C) $14.00
D) $14.10