Your company has sales of $100,000 this year and cost of goods sold of $72,000. You forecast

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Your company has sales of $100,000 this year and cost of goods sold of $72,000. You forecast sales to increase to $110,000 next year. Using the percent of sales method, forecast next year’s cost of goods sold.

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Fundamentals of Corporate Finance

ISBN: 978-0132148238

2nd edition

Authors: Berk, DeMarzo, Harford

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Question Posted: Jan 14, 2012 02:16 AM

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Your company has sales of $100,000 this year and cost of goods sold of $72,000. You forecast

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Fundamentals of Corporate Finance

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