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Last year the Vogon Construction Co. had selling, general, and administrative (SG&A) expenses of $3.6 million on sales of $6 million. Next year the company
Last year the Vogon Construction Co. had selling, general, and administrative (SG&A) expenses of $3.6 million on sales of $6 million. Next year the company expects sales to increase by 20%. What will SG&A be next year?
a) $1.95M
b) $3.30M
c) $2.76M
d) $4.32M
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