Question: Exercise 1 3 - 2 5 ( Algo ) Estimate Sales Revenues ( LO 1 3 - 2 ) Emmons Lawn Maintenance ( ELM )
Exercise Algo Estimate Sales Revenues LO
Emmons Lawn Maintenance ELM provides lawn and garden care for residential properties. In the current year, ELM maintains properties and earns an average of $ annually for each property. The owner of ELM is planning for the coming year. New building in the area is expected to increase volume by percent. In addition, the owner estimates that the number of homeowners that will want ELM's service will increase by percent.
ELM plans to increase the price of service by percent to cover expected increased wage and equipment costs.
Required:
Estimate revenues for Emmons Lawn Maintenance for the coming year.
Note: Enter your answer rounded to the nearest whole dollar.
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