47) Flasket, Inc. manufactures water bottles for children. Similar water bottles are available in the market for $14. Flasket desires a 30% net profit margin (Le the desired gross profit is 30% of sales revenue), Flasket's target cost per bottle is (Round your answer to the nearest cent.)
A) 59.80
B) $18.20
C) 514.00
D) $4.20