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please show the workings Q9) Recall the Joe Ades (potato peeler salesman in NY) example Project his total annual revenue using the following information with
please show the workings
Q9) Recall the Joe Ades (potato peeler salesman in NY) example Project his total annual revenue using the following information with two different methods. a) bottom-up (2 pts.): assume he sells, on average, 10 peelers at $5/peeler in each "show": performing & shows a day, for 5 days a week, 4 weeks a month, and 8 months a year. b) top-down (2 pts.): assume the residents and tourists in NY is 30 million people in a year, 2% of those people see Joe Ades' shows in a year, and 10% of those who see the show make a purchase of one peeler at $5/peeler. c) if Joe Ades has paid $3.00/peeler to purchase 100.000 peelers in the beginning of 2008, and sold 10,000 peelers per month every month in 2008, which month did he recoup his original investment? (1 pt.) and what was his total gross profit in S for the entire year? (1 pt.) Bonus Question: Q10) Which one of the following is NOT one of the persons in the Baby Shark song'? (1 pt) a) Baby shark b) Mommy shark c) Daddy shark d) Auntie shark e) Grandma shark J Page 5 of 5 Step by Step Solution
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