Question
Arema is an apparel exporter and derives all its revenue from exports to the United States. The company had sales of Rs. 1,240 crores in
Arema is an apparel exporter and derives all its revenue from exports to the United States. The company had sales of Rs. 1,240 crores in 2016. The company expects to experience an organic growth of 12% in 2017. Your internal analysis suggests the rupee may appreciate (i.e. increase in value) by 2% on Average against the Us dollar. Build a revenue model of arema fashion and forecast the 2017 revenue for the company.
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CALCULATION OF REVENUE FOR THE COMPANY FOR THE YEAR 2017 Given Year 2016 sales Rs 1240 ...Get Instant Access to Expert-Tailored Solutions
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Introduction To Business Statistics
Authors: Ronald M. Weiers
7th Edition
978-0538452175, 538452196, 053845217X, 2900538452198, 978-1111524081
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