For the base case in this question, as a percentage of sales, COGS=61 percent, SGA=19...
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For the base case in this question, as a percentage of sales, COGS percent, SGA percent, & percent. Depreciation,
Interest expense are fixed as stated. Tax Rate is Using the base case, calculate the composite effects of a percent increase in Sales, a percent decrease in Gross Margin, and a
percent increase is SG&A as percent of Sales.
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