Determine forecast the companys cost of sales

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Point 1: Cambridge Company reported 2017 net sales of $2,197,600 and a gross profit margin (in percentage terms) of 36%. The company anticipates that sales will increase by 2% in 2018 but that the gross profit margin will be the same as 2017.

Question 1: Determine Forecast the company's 2018 cost of sales.

Reference no: EM132493012

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