Chris Peterson is a retail sales manager. He is trying to determine a sales forecast for his store, which is part of a national chain. The store Chris manages is the only one in the chain located in the Colorado Springs, Colorado, metro area. The chain's national sales forecast is $45,000,000. The Buying Power Index (BPI) for Colorado Springs is 0.1994. What would be a reasonable sales forecast for Chris' store?
A) $897,300.
B) $89,730.
C) $8,973,000.
D) $89,730,000.
E) Cannot be determined from the information provided.
Correct Answer:
Verified
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