Winnebagel Corporation currently sells 29.100 motor homes per year at $78,500 each and 8,100 luxury motor coaches per year at $120.500 each. The company wants to introduce a new portable camper to fill out its product line: it hopes to sell 24,100 of these campers per year at $24.500 each. An independent consultant has determined that if the company introduces the new campers, it should boost the sales of its existing motor homes by 3.700 units per year and reduce the sales of its motor coaches by 960 units per year. What is the amount to use as the annual sales figure when evaluating this project?
Winnebagel Corporation currently sells 29.100 motor homes per year at $78,500 each and 8,100 luxury motor coaches per year at $120.500 each. The company wants to introduce a new portable camper to fill out its product line: it hopes to sell 24,100 of these campers per year at $24.500 each. An independent consultant has determined that if the company introduces the new campers, it should boost the sales of its existing motor homes by 3.700 units per year and reduce the sales of its motor coaches by 960 units per year. What is the amount to use as the annual sales figure when evaluating this project?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Transcribed Image Text:Winnebagel Corporation currently sells 29,100 motor homes per year at $78,500 each and 8,100 luxury motor coaches per year at
$120.500 each. The company wants to introduce a new portable camper to fill out its product line: It hopes to sell 24,100 of these
campers per year at $24.500 each. An independent consultant has determined that if the company introduces the new campers, it
should boost the sales of its existing motor homes by 3.700 units per year and reduce the sales of its motor coaches by 960 units per
year. What is the amount to use as the annual sales figure when evaluating this project?
Note: Do not round Intermediate calculations and round was
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