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Monty Manufacturing had sales revenue last year of $ 1 0 0 0 0 0 , direct manufacturing costs of $ 5 6 0 0
Monty Manufacturing had sales revenue last year of $ direct manufacturing costs of $ and indirect manufacturing costs of $ If Monty expects revenues to increase by for the upcoming year, with direct manufacturing costs maintaining the same percentage relationship to sales as in the previous year, and the indirect manufacturing costs remaining unchanged, what will the expected profit margin be for Monty during the upcoming year?
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