The company sets a new to the company revenue of 20,000,000.00 pesos for its soon to launched corned beef. Since this is a slight improvement of its existing SKU, the NPD team pegged a cannibalization of 45%. In this situation, the monetary equivalent of the cannibalization rate is _______ and the net fresh to the company revenue is _______.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The company sets a new to the company revenue of 20,000,000.00 pesos for its soon to launched corned beef. Since this is a slight improvement of its existing SKU, the NPD team pegged a cannibalization of 45%. In this situation, the monetary equivalent of the cannibalization rate is _______ and the net fresh to the company revenue is _______.

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