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n You love ping pong and are doing a forecast for your startup ping pong specialty business. There are 23,000 families on your marketing area
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You love ping pong and are doing a forecast for your startup ping pong specialty business. There are 23,000 families on your marketing area and you expect 2% will buy a table this year, and you will have a 50% market share. You plan to price tables at $180 each. You anticipating selling a box of balls ($20) and two rackets ($10 each) with each table; also you expect 1/5 of your customers will buy an extra 2 rackets. Finally, 20% of your customers will buy the 3 year ball, racket and table replacement warranty for $40. What are your forecasted revenues? O $106,720 $26,680 $17,787 O $53,360 O $35,573 MacBook Air Step by Step Solution
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