Problem 4-7 (Algo) Sales projections [LO4-2] Dodge Ball Bearings had sales of 14,000 units at $40 per unit last year. The marketing manager projects a 25 percent increase in unit volume sales this year with a 5 percent price decrease (due to a price reduction by a competitor). Returned merchandise will represent 7 percent of total sales. What is your net dollar sales projection for this year? Net sales

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Problem 4-7 (Algo) Sales projections [LO4-2]
Dodge Ball Bearings had sales of 14,000 units at $40 per unit last
year. The marketing manager projects a 25 percent increase in
unit volume sales this year with a 5 percent price decrease (due to
a price reduction by a competitor). Returned merchandise will
represent 7 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 14,000 units at $40 per unit last year. The marketing manager projects a 25 percent increase in unit volume sales this year with a 5 percent price decrease (due to a price reduction by a competitor). Returned merchandise will represent 7 percent of total sales. What is your net dollar sales projection for this year? Net sales
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