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 4% and spends 40% of its revenue on purchases.
(b) A net profit of 6% and spends 80% of its revenue on purchases.

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