Maria has been asked by investors to create financial statement projections for her make-up company. Her starting
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Maria has been asked by investors to create financial statement projections for her make-up company. Her starting point is forecasting Sales Revenue. If she sold 5,000 kits to 100 Sephora stores last year at an annual price per kit of $20, how much revenue should she forecast for the current year if she expects to capture 200 Sephora stores? Assume that she sells the same $ amount of kits per Sephora store and no price inflation.
Related Book For
Financial Accounting and Reporting a Global Perspective
ISBN: 978-1408076866
4th edition
Authors: Michel Lebas, Herve Stolowy, Yuan Ding
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