The Erie Bay Liner Company has sales of $2.4 million and operating expenses of $180,000.The firm uses
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The Erie Bay Liner Company has sales of $2.4 million and operating expenses of $180,000.The firm uses the percentage of sales approach and estimates next year's sales at $2.5 million. What are the operating expenses expected to be next year?r
A) $171,231r
B) $175,123r
C) $179,400r
D) $182,549r
E) $187,500
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