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Author Question: Stuart Corporation recorded sales of $200,000 during March. Management expects sales to increase 5% ... (Read 80 times)

skymedlock

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Stuart Corporation recorded sales of $200,000 during March. Management expects sales to increase 5% in April, another 4% in May, and another 10% in June. Cost of goods sold is expected to be 80% of sales. What is the budgeted gross profit for June?
◦ $48,048
◦ $43,680
◦ $45,427
◦ $240,240


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Marked as best answer by skymedlock on Jan 4, 2020

Hdosisshsbshs

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skymedlock

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Reply 2 on: Jan 4, 2020
Excellent


raili21

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Reply 3 on: Yesterday
:D TYSM

 

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