What is next? year cost of goods sold

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Question 1: Lowry Inc. has sales of $99 thousand this year and cost of goods sold of $22 thousand. You forecast sales to increase by 39% next year. Using the percent of sales? method, what is next? year's cost of goods sold? Round to 2 decimals. Answer in dollars, for example if the answer is $45 thousand write 45000 not 45

Reference no: EM132997854

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