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Blossom company had net sales of $15 million in the year that just ended. Next year, the company's management expects a 12 percent increase in
Blossom company had net sales of $15 million in the year that just ended. Next year, the company's management expects a 12 percent increase in sales. If cost of goods sold is 45% of sales and inventory is 43 percent of sales what will your estimate sales, inventory and cost of goods sold to be next year? (Round expected inventory to 3 decimal places e.g 5.275)
Expected net sales ( Million )
Expected inventory ( million )
Expected cost of goods sold. ( Million )
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