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last year a manager's operation achieved a 35% food cost on sales of $800,000. for next year, the manager anticipates a 5% increase in the prices he will pay for food. what should the manager estimate next year's food cost percentage to be if he does not raise his menu prices? a. 36.75% b. 40.75% c. 36.00% d. 40.00%
Sagot :
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