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Briefly Answer in 1-3 sentences When using the percent of sales method to forecast financial statement items, is SG&A expense typically assumed to be a

Briefly Answer in 1-3 sentences

When using the percent of sales method to forecast financial statement items, is SG&A expense typically assumed to be a function of sales, what about COGS expense?

When computing the monthly loan payment, what value is used for the total number of payments (N) input for a 30-year mortgage? What about a 15 year mortgage?

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