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Save Homework: Chapter 12 Homework 4 of 6 (3 completo) HW Score: 50%, 3 of 6 pts Score: 0 of 1 pt P12-4 (similar to) Question Help Salos forecast based on external data. Nelson Heating and Ventilating Company estimates the coming year's sales revenue based on external data. The company's main business is shopping mall construction, and it uses the square footage of each mall as a "yardstick" for many financial statements and projections The company does business in four Midwest states. Last year, it completed heating and ventilating systems in four shopping malls with an average size of 3,029,000 square feet for sales revenues of $9,506,000. Nelson is the primary contractor for one-third of the new malls in the four-state area. This coming year, 12 new malls are under construction with an average size of 4,511,000 square foot. What is Nelson's anticipated sales revbnue for the coming year? Hints: Make sure to mund all intermediate calculation to at least five decimal places. What is Nelson's anticipated sales revenue? (Round to the nearest dollar) (similar to) Question Help actions 3,029,0 w mall orec View an Example y's mpar feet consti Question Help Make Sales forecast based on external data. Nelson Heating and Ventilating Company estimates the coming year's sales revenue based on external data. The company's main business is shopping mall construction, and it uses the square footage of each mall as a "yardstick" Nel for many financial statements and projections. The company does business in four Midwest states. Last year, it completed heating and ventilating systems in four shopping malls with an average size of 3,146,000 square feet for sales revenues of $9,683,000. Nelson is the Roun primary contractor for one-third of the new malls in the four-state area. This coming year, 12 new malls are under construction with an average size of 4,607,000 square feet. What is Nelson's anticipated sales revenue for the coming year? Hints: Make sure to round all intermediate calculation to at least five decimal places. The average sper square foot is given by: sales revenue sales per square foot number of square foot $9,683,000 $0.76947 per square foot 4* 3,146,000 square feet The average sales per square foot is $0.76947, The coming year hire is given by: coming year hire = number of new malls Xmarket share Press Continue to see more. Continue Close 1 part remaining ar your D ctions 3,029,0 w mall los forec View an Example mpany's e compar uare feet Question Help der consti nts: Make Sales forecast based on external data. Nelson Heating and Ventilating Company estimates the coming year's sales revenue based on external data. The company's main business is shopping mall construction, and it uses the square footage of each mall as a "yardstick hat is Nel for many financial statements and projections. The company does business in four Midwest states. Last year, it completed heating and ventilating systems in four shopping malls with an average size of 3,146,000 square feet for sales revenues of $9,683,000. Nelson is the (Roun primary contractor for one-third of the new malls in the four-state area. This coming year, 12 new malls are under construction with an average size of 4,607,000 square feet. What is Nelson's anticipated sales revenue for the coming year? Hints: Make sure to round all intermediate calculation to at least five decimal places. The average sales per square foot is $0.76947. The coming year hire is given by: coming year hire = number of new malls X market share = 12 new malls = 4 new malls 1 3 Nelson's anticipated sales revenue is given by: sales forecast = number of malls x average square footage x sales per square foot = 4 malls x 4,607,000 square feet x $0.76947 per square foot = $14,179,793 B actions 3,029, w mal forec 0 View an Example any's compar e feet consti Question Help Make Sales forecast based on external data. Nelson Heating and Ventilating Company estimates the coming year's sales revenue based on external data. The company's main business is shopping mall construction, and it uses the square footage of each mall as a "yardstick is Not for many financial statements and projections. The company does business in four Midwest states. Last year, it completed heating and ventilating systems in four shopping malls with an average size of 3,146,000 square feet for sales revenues of $9,683,000. Nelson is the (Roun primary contractor for one-third of the new malls in the four-state area. This coming year, 12 new malls are under construction with an average size of 4,607,000 square feet. What is Nelson's anticipated sales revenue for the coming year? Hints: Make sure to round all intermediate calculation to at least five decimal places. The coming year hire is given by: coming year hire = number of new malls X market share = 12 new malls - 4 new malls Nelson's anticipated sales revenue is given by: sales forecast = number of mallsx average square footage x sales per square foot = 4 malls x 4,607,000 square feet * $0.76947 per square foot = $14,179,793 Nelson's anticipated sales revenue is $14.179,793. Question is complete