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Question 3 (14 marks) John Boy's Manufacturing Company expects sales of the following amounts, depending upon the strength of the economy. What is the expected

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Question 3 (14 marks) John Boy's Manufacturing Company expects sales of the following amounts, depending upon the strength of the economy. What is the expected level of sales for next year? Strength of the economy Probability of occurrence Sales Strong 30% $ 890,000 Steady 45% $ 510,000 Weak 25% $ 250,000

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