Sparkys forecasts that sales will grow by 25 in 2013 and


1. Sparky's forecasts that sales will grow by 25% in 2013 and that its cost of goods sold to sales ratio will be the same in 2013 as it was in 2012. Given the information provided about Sparky, what is the company's 2013 projected cost of goods sold?

a. $130,110

b. $104,090

c. $162,424

d. $156,763 

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Managerial Accounting: Sparkys forecasts that sales will grow by 25 in 2013 and
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