Question
All Metal Bearings had sales of 18,000 units at $60 per unit last year. The marketing manager projects a 10 percent increase in unit-volume sales
All Metal Bearings had sales of 18,000 units at $60 per unit last year. The marketing manager projects a 10 percent increase in unit-volume sales this year with a 10 percent price decrease (due to a price reduction by a competitor). Returned merchandise will represent 10 percent of total sales.
What is your net dollar sales projection for this year?
Net sales$ ?
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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
