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Suppose the estimated sales for Project C is $90,000, and cost is $45,000. Estimation of sales is accurate within 8%, while estimation of cost is
Suppose the estimated sales for Project C is $90,000, and cost is $45,000. Estimation of sales is accurate within 8%, while estimation of cost is accurate within 6%. What is the best case gross profit in this case?
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$58,500
$54,900
$49,500
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