Pls help with below homework. Jason owns a small food truck in Chicago, Illinois. Heinitaly invested $15.000 to start his business and hewould like to see a 30% return on his investment (RO) Inaddition to his initial startup costs, he incurs a total of $155in fued costs per month and $0.60 in variable costs in eachmeal He expects to make 550 meals each month.Assuming he sells all 550 meals, what should Jason's TargetRO price be? (Round to the nearest cent)O $8.46O S878O $845O $8.18O $9.06

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Jason owns a small food truck in Chicago, linois. He initally invested $15000 to start his business and he would like to see a 30% return on his investment (RO), In addition to his initial startup costs, he incurs a total of $155 in fuxed costs per month and $0.60 in variable costs in each meal He expects to make 550 meals each month. Assuming he sells all 550 meals, what should Jason's Target RO price be? Round to the nearest cent) O $846

Jason owns a small food truck in Chicago, linois. He initally invested $15000 to start his business and he would like to see a 30% return on his investment (RO), In addition to his initial startup costs, he incurs a total of $155 in fuxed costs per month and $0.60 in variable costs in each meal He expects to make 550 meals each month. Assuming he sells all 550 meals, what should Jason's Target RO price be? Round to the nearest cent) O $846

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter10: Short-term Decision Making

Section: Chapter Questions

Problem 1EA: Garrison Boutique, a small novelty store, just spent $4,000 on a new software program that will help...

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