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A company manufactures tools. The company sold 1,200,000 wrenches at a price of $6.0 per unit last year. The company estimates that this volume represents

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A company manufactures tools. The company sold 1,200,000 wrenches at a price of $6.0 per unit last year. The company estimates that this volume represents a 25% share of the current wrench market. The market is expected to increase by 6%. As a result of a new advertising campaign the company will increase its share of this larger market to 30%. A price change will result in a new price for a wrench of $6.30 per unit. What are the estimated sales revenues in the coming year? Multiple Choice $9,158,400 $9,072,000. $9,616,320 O $10,193,399

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