How much is budgeted sales revenue for the third quarter

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At January 1, 2016, Pearson Corp. has beginning inventory of 480 surfboards. Pearson estimates it will sell 2.400 units during the first quarter of 2016 with a 10% increase in sales each quarter. Each surfboard is sold for $225. How much is budgeted sales revenue for the third quarter of 2016?

Reference no: EM131294400

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