Settin You are a junior analyst and you have been asked to forecast sales for Lululemon for 2012. At the end of 2011, Lululemon operated 160 corporate-owned stores in North America (50 in Canada and 110 in the United States). Lululemon plans to open 32 new stores in 2012. The average store has 2,666 square feet of retail space. In 2010 Lululemon store generated sales per square foot of $1,717. In 2011, sales per square foot rose to $2,003. The growth rate of same stores sales is expected to slow in 2012 to half of the growth rate from 2010-2011. What will total revenues be if the new stores only generate half of the sales of existing stores? % One-half of the growth rate from 2010 to 2011 will be (Round to three decimal places.) The forecast sales per square foot for 2012 is $ (Round to the nearest cent.) Sales from existing stores in 2012 will be $ (Round to the nearest dollar.) Sales from new stores in 2012 will be S (Round to the nearest dollar.) Total sales will be s (Round to the nearest dollar.) Settin You are a junior analyst and you have been asked to forecast sales for Lululemon for 2012. At the end of 2011, Lululemon operated 160 corporate-owned stores in North America (50 in Canada and 110 in the United States). Lululemon plans to open 32 new stores in 2012. The average store has 2,666 square feet of retail space. In 2010 Lululemon store generated sales per square foot of $1,717. In 2011, sales per square foot rose to $2,003. The growth rate of same stores sales is expected to slow in 2012 to half of the growth rate from 2010-2011. What will total revenues be if the new stores only generate half of the sales of existing stores? % One-half of the growth rate from 2010 to 2011 will be (Round to three decimal places.) The forecast sales per square foot for 2012 is $ (Round to the nearest cent.) Sales from existing stores in 2012 will be $ (Round to the nearest dollar.) Sales from new stores in 2012 will be S (Round to the nearest dollar.) Total sales will be s (Round to the nearest dollar.)