Dodge Ball Bearings had sales of 16,000 units at $50 per unit last year. The marketing manager projects a 35 percent increase in unitvolume sales this year with a 10 percent price decrease (due to a price reduction by a competitor). Returned merchandise willrepresent 9 percent of total sales.What is your net dollar sales projection for this year?Net sales

In business, revenues and expenses are forecasted in order to make suitable plans and policies.…

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FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Suppose a firm has had the following historic sales figures. Year: 2016 Sales $1,420,000 2017 $1,720,000 Next year's sales 2018 2019 2020 $1,600,000 $2,010,000 $1,770,000 What would be the forecast for next year's sales using FORECAST.ETS to estimate a trend? Note: Round your answer to the nearest whole dollar. 27

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What is your net dollar sales projection for this year? Net sales