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Please provide detailed steps Flingers Inc. reveals the following information in their annual report for FY 2014 Upper management plans to cut cost of goods

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Flingers Inc. reveals the following information in their annual report for FY 2014 Upper management plans to cut cost of goods sold by 5% for the coming year but retain the same sales. What will Flinger's profit margin be for 2015? A. 0% B. 11% C. 7 5% D. 5%

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