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Canary International, Inc. reports in Sales of $8,180 million; and Cost of Goods Sold of...

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Accounting

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Canary International, Inc. reports in Sales of $8,180 million; and Cost of Goods Sold of $3,272 million for this year. For next year, you project that Sales will grow by 3%; and that Cost of Goods Sold percentage (again, that is Cost of Goods Sold / Sales) will be 1 percentage point higher next year. Projected cost of goods sold (round to one decimal place in all calculations) for Canary International, Inc. next year will be: $3,304.6 million $3,813.2 million $3,454,4 million $3,370.8 million None of these numbers is correct

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