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Last year Dingbat Donuts had sales of $240mm and a gross margin of 65%. This year the company's sales are expected to increase by 15%
Last year Dingbat Donuts had sales of $240mm and a gross margin of 65%. This year the company's sales are expected to increase by 15% and through negotiating better prices on flour and sugar, it will be able to improve its gross margin to 70%. What will be this year's expected gross profit
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