Answer:
Sales of $3857500 the sporting company can forecast for next year.
Step-by-step explanation:
Future Sporting Goods has a market-share of 25% of retail business in Martin County.
Total estimated size of sporting goods business in the county for next year is = $15430000
So we have to find company's forecast for itself for next year.
Since size of sporting goods business is = $15430000 and the expected share of business by the company as every year is 25%.
So expected sales = Total business × 25%
= $15430000 × [tex]\frac{25}{100}[/tex]
= $3857500
Therefore, sales of $3857500 the sporting company can forecast for the next year.
