Tammy Patterson Is the Sales Rep for an Area with a "Buying

question 68

Multiple Choice

Tammy Patterson is the sales rep for an area with a "Buying Power Index" (BPI) of 0.4500. If her firm's national sales forecast is $30,000,000, calculate a "reasonable" sales forecast for Tammy's area.

• A) $900,000
• B) $90,000
• C) $666,666
• D) $135,000
• E) $1,350,000

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Definitions:

Base Year

A reference year against which economic growth, inflation, or other economic indicators are measured.

Quantities

The amount or number of a material or item measured or produced.

GDP Per Person

A measure of a country's economic output (Gross Domestic Product) divided by its population, indicating the average economic productivity per person.

Income

Earnings from work or investments, including wages, salaries, dividends, and interest.