Question: Using Table 11.4, determine the sales necessary to equal a dollar of savings on purchases for a company that has: a) A net profit of

Using Table 11.4, determine the sales necessary to equal a dollar of savings on purchases for a company that has: a) A net profit of 2% and spends 60% of its revenue on purchases, In this situation, $1 savings in supply chain is equivalent to increasing the sales by $| |to realize the same profit (enter your response to two decimal places). b) A net profit of 8% and spends 70% of its revenue on purchases. In this situation, $1 savings in supply chain is equivalent to increasing the sales by $ |to realize the same profit (enter your response to two decimal places)

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