Using Table 1 below, determine the sales necessary to equal a dollar of savings on purchases for a company that: a) Has a net profit of 6% and spends 60% of its revenue on purchases? b) Has a net profit of 8% and spends 80% of its revenue on purchases?

% of Sale Spent in the Supply Chain Percent Net profit of Firm 30% $2.78 40% $3.23 50% $3.85 60% $4.76 70% $6.25 80% $9.09 90% $16.67 4 $2.70 $3.70 $4.55 $5.88 $8.33 $14.29 $3.13 $3.03 $2.63 $3.57 $4.35 $5.56 $7.69 $12.50 $2.56 $2.94 1 $3.45 $4.17 $5.26 $7.14 $11.11 10 $2.50 $2.86 $3.33 $4.00 $5.00 $6.67 $10.00