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For the Spring period, the handbag department’s total seasonal sales volume for last year was $750,000....

For the Spring period, the handbag department’s total seasonal sales volume for last year was $750,000. If there is an 8% increase this year, what is the dollar amount of sales planned?

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Answer #1

Dollar amount of sales:

= $750,000×(1+8%)

= $810,000

Hence, dollar amount of sales is $810,000

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