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Business, 02.04.2021 03:10 jae222

Flingers Inc. reveals the following information in their annual report for FY 2017. Earnings and Expenses Sales $10,000,000 Cost of goods sold $5,000,000 Pretax earnings $500,000 Selected Balance Sheet Items Merchandise inventory $80,000 Total assets $2,000,000 Upper management plans to cut cost of goods sold by 6% for the coming year but retain the same sales. What will Flingers' pretax earnings be for 2018

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Flingers Inc. reveals the following information in their annual report for FY 2017. Earnings and Exp...
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