Multiple Choice
Calgary Doughnuts had sales of $200 million in 2007. Its cost of sales were $160 million. If sales are expected to grow at 10% in 2008, compute the forecasted costs using the percent of sales method.
A) $160 million
B) $170 million
C) $173 million
D) $176 million
Correct Answer:
Verified
Correct Answer:
Verified
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