Robert just closed a tough year. His new product idea got a much slower sales start than he hoped, generating significant losses in the first year. He was confident Year 2 would be better. If he anticipates first-quarter sales volume to be 200 units at a selling price of $8.00 per unit, with increasing sales volume of 30% each successive quarter after that, how much revenue would he earn each quarter and in total for the year? (Round number of units to 0 decimal places, e.g. 125 and final answers to 2 decimal places, e.g. 5,125.25.)

Answer rating: 100% (QA)

To calculate Roberts quarterly revenue and total revenue for the year you can use the info... View the full answer