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Hau Lee Furniture, Inc., spends 5 5 % of its sales dollars in the supply chain and finds its current profit of $ 4 ,
Hau Lee Furniture, Inc., spends of its sales dollars in the supply chain and finds its current profit of $ inadequate. The bank is insisting on an improved profit picture prior to approval of a loan for some new equipment. Hau would like to improve the profit line to $ so he can obtain the bank's approval for the loan.
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