Question
A company had sales of $217 last year while its' cost of sales was $175. The company expects sales to grow by 8% next year.
A company had sales of $217 last year while its' cost of sales was $175.
The company expects sales to grow by 8% next year. Using the percent of sales method, what will the cost of sales be?
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Financial Management Principles And Applications
Authors: Arthur J. Keown, J. William Petty, John D. Martin, Jr. Scott, David F.
10th Edition
0131450654, 9780131450653
