Suppose last year's sales were $100,000; inflation is 3 percent and you expect your market share to increase by 6 percent. What are your projected sales for this year?

Suppose last year's sales were $100,000; inflation is 3 percent and you expect your market share to increase by 6 percent. What are your projected sales for this year?


a. $103,000

b. $106,000

c. $109,000

d. $109,180

e. $118,000


Answer: D


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