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Assume that Campbells net sales for the first four months of 2018 totaled $12.90 billion. Calculate an estimated cost of goods sold and gross profit
Assume that Campbells net sales for the first four months of 2018 totaled $12.90 billion. Calculate an estimated cost of goods sold and gross profit for the four months, using the gross profit ratio for 2017.
The gross profit for 2017= 57.37%
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