Question: Sales forecast based on external data. Raspberry Phones uses external data to forecast the coming years sales. The company has (6%) of all newphone sales

Sales forecast based on external data. Raspberry Phones uses external data to forecast the coming years sales. The company has (6%) of all newphone sales in the United States and 7% of all replacement-phone sales. Industry forecasts predict 2 million new-phone buyers and 3 million replacement-phone buyers in 2014. If the average Raspberry phone costs $195,00 what sales revenue is the company forecasting for 2014?

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