Question: please show work in excel SM.62 Suppose a company has $16,000,000 in (annual) revenue and spends 57% of its revenues on purchases. By how much

please show work in excel SM.62 Suppose a company

please show work in excel

SM.62 Suppose a company has $16,000,000 in (annual) revenue and spends 57% of its revenues on purchases. By how much can this company increase its bottom line (profits) if it can decrease purchasing costs by 1.90% ? (Display your answer as a whole number.)

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