An analyst assumes that GK is expected to maintain a market share of 10% of the consumer goods market and the consumer goods market is expected to grow to $200 billion in annual revenue. At the same time the analyst knows that GKs revenue last year was $15 billion and that history has shown that the company has an average revenue growth rate which is 3 percentage point above domestic GDP. The analyst expects Jamaicas GDP to grow at a rate of 2% in the coming year. Using a market growth and market share approach to forecast GKs revenue, the analyst would obtain an annual revenue of:

Select one:

a. $20 billion

b. $15.75 billion

c. $30 billion