Question
Suppose COGS is currently 67% of sales and over the next year sales growth by 5% and growth COGS is 3%. Do you predict the
Suppose COGS is currently 67% of sales and over the next year sales growth by 5% and growth COGS is 3%.
Do you predict the COGS as a percent of sales will increase, increase, or remain the same over the next year? Explain and verify your intuition by calculating the COGS as a percent of sales at year-end.
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Applied International Finance
Authors: Thomas J O'Brien
1st Edition
1606497340, 9781606497340
