I need it ASAP SM.63 A small company has $8,500,000 in (annual) revenue, spends 50% of its revenues on purchases, and ha

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answerhappygod
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I need it ASAP SM.63 A small company has $8,500,000 in (annual) revenue, spends 50% of its revenues on purchases, and ha

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I need it ASAP
SM.63 A small company has $8,500,000 in (annual) revenue, spends50% of its revenues on purchases, and has a net profit margin of14.5%. They would like to increase their profits and they arelooking at focusing in one of two directions. First, they thinkthey can save 2.20% on their purchase expenses. Or second, they canfocus on increasing sales.By how many dollars would they have to increase sales in order toequal a 2.20% savings to purchasing expenses? (Display your answeras a whole number.)
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