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Linda_us
Linda_us, Finance, Accounts & Homework Tutor
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Experience:  Post Graduate Diploma in Management (MBA)
19873544
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Procter & Gamble Company is a Cincinnati-based company that

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Procter & Gamble Company is a Cincinnati-based company that produces household products under
brand names such as Gillette, Bounty, Crest, Folgers, and Tide. The company’s 2006 income statement
showed the following (in millions):
Net sales $68,222
Costs of products sold 33,125
Selling, general, and administrative expense 21,848
Operating income $13,249
Suppose that the cost of products sold is the only variable cost; selling, general, and administrative
expenses are fixed with respect to sales.
Assume that Procter & Gamble had a 10% increase in sales in 2007 and that there was no change
in costs except for increases associated with the higher volume of sales. Compute the predicted 2007
operating income for Procter & Gamble and its percentage increase. Explain why the percentage
increase in income differs from the percentage increase in sales.

Linda :

Hi Customer

Linda :

Welcome to JA

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hello

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I am working on your question, will post the solution in few minutes

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Customer :

do you work SAT?

Linda :

Yes I work on saturdays.

Customer :

I have other questions while we are here then. Yes, that was comparable to my work

Linda :

Good to know. In case you need my future assistance to address your question to me by writing "FOR LINDA" in front of your post.

Customer :

I have others now

Linda :

Yes we can do other questions now.

Customer :

I post it here?

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You can accept this one and start a new thread for the next question by addressing it to me "FOR LINDA"

Customer :

FOR LINDA

Linda :

It always good to separate questions.

Customer :

????it won't let me post, I may have to go back to "my questions"

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You post your new question on the following link http://www.justanswer.com/profile.aspx?PF=19873544&FID=13

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