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A sportswear retaller reported net sales of $ 3 0 0 , 0 0 0 in year 1 . Its cost of sales was $
A sportswear retaller reported net sales of $ in year Its cost of sales was $ for the same year. For years and the
retaller plans to increase net sales by percent In year and percent in year It also plans to negotlate a better contract with the
sportswear manufacturer so that the cost of sportswear that is purchased and sold would increase by a maximum of percent in year
and by percent in year Do not round intermedlate calculations. Round percentage answer to decimal place e
should be entered as
Required:
Compute the gross profit for year
Answer is complete and correct.
Compute the percentage changes in gross profit for years and
Answer is complete but not entirely correct.
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