Calgary doughnuts had sales of 200 million in 2007 its cost, Ask an Expert

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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. Select one: a. $160 million b. $170 million c. $173 million d. $176 million

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Financial Management, Finance

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