If you were the manager, what decision would you make in the following scenario? It's seasonal...

 

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If you were the manager, what decision would you make in the following scenario? It's seasonal planning time at Sam's Soups. Your divisional manager has forwarded you some historical data for your department for the last two years, along with guidelines for your plan for the upcoming season. She expects a 12% increase in sales over the previous year, and a one percentage point increase in gross margin percent. Here is the spreadsheet you received: Sales COGS Spring 2025 Plan 2023 Gross Margin GM % 200,000 103,000 97,000 48.5% 2024 215,000 115,000 100,000 46.5% How much would COGS be in 2020 to achieve these goals? I If you were the manager, what decision would you make in the following scenario? It's seasonal planning time at Sam's Soups. Your divisional manager has forwarded you some historical data for your department for the last two years, along with guidelines for your plan for the upcoming season. She expects a 12% increase in sales over the previous year, and a one percentage point increase in gross margin percent. Here is the spreadsheet you received: Sales COGS Spring 2025 Plan 2023 Gross Margin GM % 200,000 103,000 97,000 48.5% 2024 215,000 115,000 100,000 46.5% How much would COGS be in 2020 to achieve these goals? I

Answer rating: 100% (QA)

For the year 2025 New Sales 215000 12 ... View the full answer