Fiscal Year 2014

Firms Store: 161

Firm Revenue: 4,448,219

Industry Revenue: 34,158,351

Fiscal Year 2015

Firm Store: 152

Firm Revenue: 4,576,234

Industry Revenue: 31,334,833

Fiscal Year 2016

Firm Stores: 148

Firm Revenue: 4,796,582

Industry Revenue: 31,571,494

Firm Year 2017

Firm Stores: 142

Firm Revenue: 4,738,105

Industry Revenue: 31,815,955

Firm Year 2018

Firm Store: 137

Firm Revenue: 5,214,362

Industry Revenue: 34,344,945

Firm Year 2019

Firm Store: 140

Firm Revenue: 5,593,995

Industry Revenue: 35,397,318

Please Find:

a) Forecast revenue for 2020 - 2025.In each forecast year, the growth rate for revenue per store is expected to equal the average annual growth rate over the historical period.In each forecast year, the growth rate for the number of stores is expected to be 1.34 percentage points lower than the growth rate for the number of stores from the previous year.

b) Forecast revenue for 2020 - 2025.In each forecast year, the revenue growth rate is expected to be 0.27 percentage points greater than the revenue growth rate from the previous year.