Flingers Inc

question 80

Multiple Choice

Flingers Inc.reveals the following information in their annual report for FY 2014. Upper management plans to cut cost of goods sold by 5% for the coming year but retain the same sales.What will Flingers' profit margin be for 2015?

• A) 5%
• B) 7.5%
• C) 9%
• D) 11%

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