1. Bennett distribution company, a subsidiary of a major cosmetics manufacturer Bavlon, is forecasting the zonal sales for the next year. Zone I with current yearly sales of Rs. 193.8 lakh is expected to achieve a sales growth of 7.25%; Zone II with current sales of Rs. 79.3 lakh is expected to grow by 8.2%; and Zone
III with sales of Rs. 57.5 lakh is expected to increase sales by 7.15%. What is the Bennett’s expected sales growth for the next year?
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By: anil on 05 May 2019 02.40 am
zone 1 will grow to become 193.8*1.0725= 207.85 zone 2 will grow to become 79.3*1.082=85.8
zone 3 will grow to become 57.5*1.0715=61.61
Total sales this year = 355.26 Total sales last year = 330.6
Growth = $$frac{355}{330}$$ = 1.0746 i.e. growth of 7.46%
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zone 3 will grow to become 57.5*1.0715=61.61
Total sales this year = 355.26 Total sales last year = 330.6
Growth = $$frac{355}{330}$$ = 1.0746 i.e. growth of 7.46%