Karen handles the sales and marketing department for the organization and is currently busy in the...

 

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Karen handles the sales and marketing department for the organization and is currently busy in the marketing of new product. Based on her analysis, the company will achieve its target sales of 290 units in the first month of product's launch and 319 units in the following month. The cost of the product to the company is $210 per unit, and the company has decided to sell this product at maximum retail price (MRP) of $320. The company is expecting a sales return of 7% and factored in a prompt payment discount of 1.5% from its suppliers. What will the net sales be in the first month assuming Karen's assumptions are correct? Ⓒ$85009 $92800 $86304 $56637 Karen handles the sales and marketing department for the organization and is currently busy in the marketing of new product. Based on her analysis, the company will achieve its target sales of 290 units in the first month of product's launch and 319 units in the following month. The cost of the product to the company is $210 per unit, and the company has decided to sell this product at maximum retail price (MRP) of $320. The company is expecting a sales return of 7% and factored in a prompt payment discount of 1.5% from its suppliers. What will the net sales be in the first month assuming Karen's assumptions are correct? Ⓒ$85009 $92800 $86304 $56637

Answer rating: 100% (QA)

Step 11 Computation of net sales be in the first month assuming Karens assumptions are ... View the full answer