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    scottmenhorn's Avatar
    scottmenhorn Posts: 3, Reputation: 1
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    #1

    May 30, 2009, 03:16 PM
    Net dollar sales projections
    Not sure if I did this correctly, most problems have had a very systematic formula. This seems rather messy. I would appreciate any help.

    ER Medical Supplies had sales of 2,000 units at $160 per unit last year. The marketing manager projects a 25 percent increase in unit volume this year with a 10 percent price increase. Returned merchandise will represent 5 percent of total sales. What is your net dollar sales projection for this year?

    1st I figured the projetion for units and volume:
    .25 x 2000 = 500
    .10x $ 160= 16

    2nd I figured net sales:
    2500 units x $176= $440,000

    3rd I figured the returned merchandise:
    .05x$440,000=$22,000

    Lastly I subtracted the returned merchandise from net sales:
    $440,000-$22,000= $418,000
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    May 30, 2009, 07:04 PM

    This is all correct. :-)
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