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Suppose you're using the percent-of-sales forecasting method, and sales last year were 29 million. Next year, they are expected to be 4.6% greater. If the
Suppose you're using the percent-of-sales forecasting method, and sales last year were 29 million. Next year, they are expected to be 4.6% greater. If the cost of goods sold is generally 37% of sales, what is your projection of COGS for next year? Provide your answer in millions, with at least two decimal points
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