What would be the projected cost of goods sold for next year

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Reference no: EM131610115

In its financial statements McKinnon Inc. is reporting sales of $2,180 million and cost of goods sold of $901 million. For next year, you project sales will grow by 5% and that the cost of goods sold as a percent of sales will be 2 percentage points higher than it was this year. What would be the projected cost of goods sold for next year?

Reference no: EM131610115

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