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Business, 04.11.2019 21:31 jadaroyval

At january 1, 2016, deer corp. has beginning inventory of 2,000 surfboards. deer estimates it will sell 10,000 units during the first quarter of 2016 with a 12% increase in sales each quarter. deer's policy is to maintain an ending inventory equal to 25% of the next quarter's sales. each surfboard costs $100 and is sold for $150. how much is budgeted sales revenue for the third quarter of 2016?

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At january 1, 2016, deer corp. has beginning inventory of 2,000 surfboards. deer estimates it will s...
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