Multiple Choice
Dunweiler Inc.,is developing a pro forma income statement for the coming year.The chief financial officer estimates that sales will be $150,000,000.If selling,general,and administrative expenses (SGA) are historically 18% of sales,what are the expected SGA expenses (in dollars) ?
A) $18,000,000
B) $27,000,000
C) $30,000,000
D) $41,000,000
Correct Answer:
Verified
Correct Answer:
Verified
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