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Tag-It's CEO has predicted a 10% increase in total revenue next year. Utilizing the percentage of sales method, help with a forecast for next year in the section provided on the Excel spreadsheet provided.
The total revenue numbers over the past 4 years for Tag-It Corporation were as follows: Values in Millions:
Question 1: Determine whether you think Tag-It can hit the target of a 10% increase in sales next year.
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