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COST OF GOODS SOLD IS USUALLY 70 PERCENT OF SALES REVENUE, AND SELLING AND ADMINISTRATIVE EXPENSES ARE USUALLY 10 PERCENT OF SALES PLUS A FIXED

COST OF GOODS SOLD IS USUALLY 70 PERCENT OF SALES REVENUE, AND SELLING AND ADMINISTRATIVE EXPENSES ARE USUALLY 10 PERCENT OF SALES PLUS A FIXED COST OF $60,000. THE PRESIDENT HAS ANNOUNCED THAT THE COMPANY'S GOAL IS TO INCREASE NET INCOME BY 15 PERCENT CREATE A PRO NT

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