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    Predicted 2007 operating income for Procter & Gamble

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    Will you please answer the following 2 questions step by step from the attachment? The questions are as follows:
    1.) Compute the predicted 2007 operating income for Procter & Gamble and its percentage increase.
    2.) Explain why the percentage increase in income differs from the percentage increase in sales.

    The complete problems are in the form of an attachment.

    © BrainMass Inc. brainmass.com June 3, 2020, 10:37 pm ad1c9bdddf
    https://brainmass.com/business/accounting/predicted-2007-operating-income-for-procter-gamble-241527

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    1.) Compute the predicted 2007 operating income for Procter & Gamble and its percentage increase.
    in $mn Change %Change
    2006 2007
    Sales 68222 75044 (2006 *1.1)
    Cost of product sold 33125 36438 (2006 *1.1)
    S,G&A Expense 21848 21848 Fixed
    Operating ...

    Solution Summary

    Response provides steps to compute the predicted 2007 operating income for Procter & Gamble and its percentage increase

    $2.19

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