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To the expert answering: I specifically need help on C and D . I need work for the answers so I can thoroughly understand how
To the expert answering: I specifically need help on C and D I need work for the answers so I can thoroughly understand how it's done.
Synergyica, Inc. is a manufacturer and marketer of gas lamps for utilization in mining & natural resources operations. Total industry sales in this relevant market were $ Million, with Synergyica's market share representing
Synergyica's contribution margin has steadily been
Synergyica's salesforce calls on their widespread distributor network to generate revenue. These distributors in turn sell the products to the industrial customers.
Distributors generate on average revenue of $ per outlet for Synergyica.
Each sales rep earns $ per year.
Synergyica has a corporate advertising & promotions campaign worth $ which has managed to effectively maintain their brand awareness & image in the resources industry.
a Compute Synergyica's sales revenue.
Sales revenue is $ of
b Synergyica wants to increase their advertising budget by $ to highlight their green initiatives and bolster brand presence further in the industry. This cost needs to be expensed.
~ What increase in dollar sales revenue would be needed to recoup this incremental advertising expenditure?
~ What increase in Synergyica's overall market share does this call for?
The increase in dollar sales revenue is $ and the increase in overall market share is
What I need help with:
c Synergyica is seeking to hire more sales reps to expand further territories in their network by gaining access to additional distributors. Their cost becomes relevant and must be expensed.
~ How many new distributors would be required to cover the cost of hiring these new sales reps?
d Synergyica is considering a reduction in the price of its offerings.
~ What absolute increase in its sales revenue would be needed to maintain the present line contribution ie the present level of total contribution dollars
PLEASE show me work and give me and understanding why you used what figures and how you got them.
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