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Ellis LLc has base sales of 100 and cost of goods sold is 60% of sales. Assuming a 10% increase in sales, cost of goods
Ellis LLc has base sales of 100 and cost of goods sold is 60% of sales. Assuming a 10% increase in sales, cost of goods sold for the first pro forma year is?
A. 60
B 66
C 76
D none of the above
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Public Finance And Public Policy
Authors: Jonathan Gruber
2nd Edition
0716766310, 9780716766315
