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Posted

hey guys im working on my last problem for my finance class and i just dont understand how to calculate cost of goods sold for this problem can anyone take a look and possibly help me out thanks

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Posted

(100-38)% of 9300000 plus (100-25)% of 2200000 should be the cost of goods sold.

also.. google works well for this stuff. most finance classes pull from test banks. Check out 7-2

[url="http://people.tamu.edu/~mahajan/solutions/BD_SM07CLASSBHI.pdf"]http://people.tamu.e...M07CLASSBHI.pdf[/url]
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Posted

thanks that was actually it i guess now that i see a formula it makes sense but just didnt understand how to set it up, going to try a few more of these to get the hang of it, thanks

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