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What the projected cost of goods sold

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Problem - Payton Inc. reports in its Year 7 annual report, sales of $7,362 million and cost of goods sold of $2,945 million. For next year, you project that sales will grow by 3% and that cost of goods sold percentage will be 1 percentage point higher. What the projected cost of goods sold for Year 8?

Reference no: EM132912775

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