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What total august sales are anticipated to be

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Problem 1: A July sales forecast projects that 5,500 units are going to be sold at a price of $10.00 per unit. The management forecasts 2% growth in sales each month. Total August sales are anticipated to be:

Multiple Choice

Option 1: $55,000.
Option 2: $53,900.
Option 3: $57,200.
Option 4: $56,100.
Option 5: $52,250.

Reference no: EM132973576

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