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    Exam 2: Essential Concepts in Finance: Part A
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    Use the Following Information to Answer the Question
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Use the Following Information to Answer the Question

Question 15

Question 15

Multiple Choice

Use the following information to answer the question:
Use the following information to answer the question:      -Assuming that cost of goods sold remain a constant percentage of sales, what is its forecast for next year? A)  $18,563 B)  $17,667 C)  $19,875 D)  $17,062 Use the following information to answer the question:      -Assuming that cost of goods sold remain a constant percentage of sales, what is its forecast for next year? A)  $18,563 B)  $17,667 C)  $19,875 D)  $17,062
-Assuming that cost of goods sold remain a constant percentage of sales, what is its forecast for next year?


A) $18,563
B) $17,667
C) $19,875
D) $17,062

Correct Answer:

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