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Need help! Last year, Oriole sold 34,000 ankle supports. The company's marketing manager is convinced that a 5% reduction in the sales price, combined with
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Last year, Oriole sold 34,000 ankle supports. The company's marketing manager is convinced that a 5% reduction in the sales price, combined with a $ 70,000 increase in advertising, will result in a 29% increase in sales volume over last year, Compute the projected income. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses es (45).) Projected income Should Oriole implement the price reduction? than the current Oriole implement the price reduction because the estimated operating income is Last year, Oriole sold 34,000 ankle supports. The company's marketing manager is convinced that a 5% reduction in the sales price, combined with a $ 70,000 increase in advertising, will result in a 29% increase in sales volume over last year, Compute the projected income. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses es (45).) Projected income Should Oriole implement the price reduction? than the current Oriole implement the price reduction because the estimated operating income is Step by Step Solution
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