1. You have developed a sales forecast for men's suits that predicts a 20 percent increase in sales. Identify marketing strategies that could be utilized to reach that goal. 2. Sales last year during June were $20,000. Sales this June were $21,500. What percentage increase or decrease in sales has occurred? If this trend continues, what sales should be forecast for next year? 3. A fimm wants to maintain an average stock of $25,000 every year. Last year, the firm had a 4.3 stock turnover rate. This year, management forecasts that stock turnover should increase to 4.5. By what dollar volume must sales increase for this forecasted turnover to occur? 4. Sales last year for a department were $124,560. This year planned sales are forecast to increase by 4.2%. What are planned sales for this year? 5. Sales last year for a department were $98,600. This year planned sales are forecast to decrease by 1.5%. What are planned sales for this year