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Last Year, Miranda house boutique experienced a loss of 2% on a gross margin of 38% and expenses of 40% totaling $37000. The boutique owner
Last Year, Miranda house boutique experienced a loss of 2% on a gross margin of 38% and expenses of 40% totaling $37000. The boutique owner plans for a 5% increase in net sales and cost of goods sold this year. If she can lower her expenses by $2000, how much profit can she earn this year (in dollars)?
Assuming the expenses are variables.
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