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Business, 16.10.2019 21:10 Thelazysandwich

Flingers inc. reveals the following information in their annual report for fy 2017. earnings and expenses sales $10,000,000 cost of goods sold $5,000,000 pretax earnings $500,000 selected balance sheet items merchandise inventory $80,000 total assets $2,000,000 upper management plans to cut cost of goods sold by 5% for the coming year but retain the same sales. what will flingers' profit margin be for 2018?

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Flingers inc. reveals the following information in their annual report for fy 2017. earnings and exp...
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