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5. Crompton's is forecasting a 13.0% increase in sales for the first six-month period of next year. Easter will fall on April 15th that
5. Crompton's is forecasting a 13.0% increase in sales for the first six-month period of next year. Easter will fall on April 15th that year. The last time Easter fell on that date, 16.5% of the sales were accounted for in March and 17.0% in April. Last year's figures show that of $335,000.00 in sales, 24.0% occurred in March and April combined. What should the planned sales for April be?
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To calculate the planned sales for April we first need to determine the total sales for the first si...
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
