Problem 4-7 (Algo) Sales projections [LO4-2] Dodge Ball Bearings had sales of 10,000 units at $70 per unit last year. The marketing manager projects a 20 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 5 percent of total sales. What is your net dollar sales projection for this year? Net sales

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Problem 4-7 (Algo) Sales projections [LO4-2]
Dodge Ball Bearings had sales of 10,000 units at $70 per unit last year. The marketing manager projects a 20 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 5 percent of total sales.
What is your net dollar sales projection for this year?
Net sales
Transcribed Image Text:Problem 4-7 (Algo) Sales projections [LO4-2] Dodge Ball Bearings had sales of 10,000 units at $70 per unit last year. The marketing manager projects a 20 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 5 percent of total sales. What is your net dollar sales projection for this year? Net sales
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