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mixer [17]
3 years ago
5

A July sales forecast projects that 6,500 units are going to be sold at a price of $11.00 per unit. Management forecasts 15% gro

wth in sales each month. Total July sales are anticipated to be: Multiple Choice
a. $76,950.

b. $71,250.

c. $68,400.

d. $67,500.

e. $74,100.
Business
1 answer:
True [87]3 years ago
4 0

Answer:

$82,225

Explanation:

The computation of the anticipated July sales is shown below:

= Number of units sold × selling price per unit + Growth Percentage given  × Sales revenue

= 6,500 units × $11 + 6,500 × $11 × 15%

= $71,500 + $10,725

= $82,225

This is the answer but the same is not provided in the given options

Simply first we find out the sales revenue and then added it with the growth percentage which is given in the question

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useful

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i got it from USA test prep

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$1,000 par value bond pays interest of $35 each quarter and will mature in 10 years. If your nominal annual required rate of ret
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$1,115.58

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Calculation to determine how much should you be willing to pay for this bond

Using this formula

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Suppose you deposited $5,000 in a bank account that pays 5.25% with daily compounding based on a 360-day year. How much would be
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The computation of the amount after 8 month is as follows

As we know that

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Outlines give you a chance to organize your thinking before determining word choice and sentence structure. Which of the followi
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<u>When making an outline, it is a good practice to:</u>

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Who is most likely to benefit when the Canadian dollar depreciates against the euro? A. Foreign sellers to Canadian buyers B. Ca
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When the Canadian dollar depreciates against the euro, the value of the Canadian dollar falls relative to the Euro.

For example, the exchange rate before the depreciation is 40 Canadian dollar / Euro. After the depreciation, it is 80 Canadian dollars / Euro.

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