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Question 2 3 Wimbledon, Inc. has 6,000 tennis rackets in beginning inventory. Wimbledon expects to sell 14,000 units during the first quarter of 2021 and
Question 2 3 Wimbledon, Inc. has 6,000 tennis rackets in beginning inventory. Wimbledon expects to sell 14,000 units during the first quarter of 2021 and sales are projected to increase by 12% increase in each quarter. Wimbledon requires an ending inventory target of 25% of the next quarter's sales. Each tennis racket cost $200 and is sold for $300. How much is budgeted sales revenue for the third quarter of 2021? O $5,700,000 O $1,500,000 $35,124 O $5,268,480
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