All else constant, what would Baldwin’s SG&A/Sales ratio be if the company had spent an additional $1,500,000 for Buddy’s promotional budget and $750,000 for Buddy’s sales budget? Select: 1 11.3% 8.4% 11.8% 9.8% The Chester’s balance sheet has $106,417,000 in equity. Further, the company is expecting $3,000,000 in net income next year. Assuming no dividends […]
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