Source Last Year - Pitches Last Year - Wins Value £52,500 £13,125 If your conversion rate from sales pitches to sales wins increased by 14 percentage points on last year, what value of sales pitches would you need to pitch to expect to win £21,840?

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter4: Preparing And Using Financial Statements
Section: Chapter Questions
Problem 1bM
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Source
Last Year - Pitches
Last Year - Wins
Value
£52,500
£13,125
If your conversion rate from sales pitches to sales wins increased by 14 percentage points on last year, what value of sales pitches would you need
to pitch to expect to win £21,840?
Transcribed Image Text:Source Last Year - Pitches Last Year - Wins Value £52,500 £13,125 If your conversion rate from sales pitches to sales wins increased by 14 percentage points on last year, what value of sales pitches would you need to pitch to expect to win £21,840?
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