Question: For the base case in this section, as a percentage of sales, COGS ( =70 ) percent, ( S G A=15 ) percent, ( R


For the base case in this section, as a percentage of sales, COGS \\( =70 \\) percent, \\( S G A=15 \\) percent, \\( R \\& D=2.4 \\) percent. Depreciation, Interest expense are fixed as stated. Tax Rate is 20 percent. Using the same case, calculate the independent effects of a 2 percent increase in Gross Margin, a 2 percent decrease in the Tax Rate, and a 5 percent decrease in Sales
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