Calculate difference in percentage values of average costs, Accounting Basics

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Calculate difference in percentage values of average costs

Question: Calculate the difference between the percentage values of the average costs of the merged firms and the combined average costs of two nearby competitors. These competitors continue to sell tires and do auto repair separately having total costs of$2,000,000 and sales of $2,5000,000, $24000,000 and $3,2000,000 respectively.

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Accounting Basics: Calculate difference in percentage values of average costs

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