Question: CHAPTER 7 HOMEWORK PROBLEMS MS 7.1. If purchases were 50% of sales and other expenses were 45% of sales, what would be the increase in

CHAPTER 7 HOMEWORK PROBLEMS MS 7.1. If purchases were 50% of sales and other expenses were 45% of sales, what would be the increase in profit if, through better purchasing, the cost of purchases were reduced to 40% of sales

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