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Cyber Security Systems had sales of 4,600 units at $65 per unit last year. The marketing manager projects a 30 percent increase in unit volume sales this year with a 40 percent price increase. Returned merchandise will represent 5 percent of total sales. What is your net dollar sales projection for this year

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Kolawole845

Answer:

Net dollar sales projection for this year =   516,971.00

Explanation:

Projected sales volume

130%× 4,600= 5,980units

Project selling price

=140% × $65

= $91

Total sales value

= $91 × 5980units

=  $ 544,180.00

Net dollar sales projection

=  Total sales value -  Returned merchandise

= 544,180.00 - (5%  × 544,180.00 )

=  $ 516,971.00

Net dollar sales projection for this year =   516,971.00

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