Question: Sales forecast based on external data. Raspberry Phones uses external data to forecast the coming year's sales. The company has 8.4 % of all new-phone
Sales forecast based on external data. Raspberry Phones uses external data to forecast the coming year's sales. The company has 8.4 % of all new-phone sales in the United States and 6.1 % of all replacement-phone sales. Industry forecasts predict 17.8 million new-phone buyers and 30.8 million replacement-phone buyers in 2014. If the average Raspberry phone costs $84.10, what sales revenues is the company forecasting for 2014?
What sales revenues is the company forecasting for 2014?
$____ (Round to the nearest dollar.)
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