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Problem:

Dodge Ball Bearings had sales of 19,000 units at $65 per unit last year. The marketing manager projects a 15 percent increase in unit volume sales this year with a 20 percent price decrease (due to a price reduction by a competitor). Returned merchandise will represent 12 percent of total sales.

Required:

Question 1: What is your net dollar sales projection for this year? Elucidate in detail and specify all computation and methods.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91146743

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