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Arnold llc has base sales of 100 and rent expense is 12% of sales. Assuming a 15% increase in sales, rent expense for the first

Arnold llc has base sales of 100 and rent expense is 12% of sales. Assuming a 15% increase in sales, rent expense for the first pro forma year is:

a.13.80

b.14.80

c. 15.80

d. 16.80

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