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Exercise 1 3 - 2 5 ( Algo ) Estimate Sales Revenues ( LO 1 3 - 2 ) Emmons Lawn Maintenance ( ELM )

Exercise 13-25(Algo) Estimate Sales Revenues (LO 13-2)
Emmons Lawn Maintenance (ELM) provides lawn and garden care for residential properties. In the current year, ELM
maintains 82 properties and earns an average of $6,400 annually for each property. The owner of ELM is planning for
the coming year. New building in the area is expected to increase volume by 27 percent. In addition, the owner
estimates that the number of homeowners that will want ELM's service will increase by 17 percent.
ELM plans to increase the price of service by 16.0 percent to cover expected increased wage and equipment costs.
Required:
Estimate revenues for Emmons Lawn Maintenance for the coming year.
Note: Enter your answer rounded to the nearest whole dollar.
Revenues
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