Von Maur average weeks sales in 2017 were $1,336,780. The CEO stated in a press conference...

Von Maur average weeks sales in 2017 were $1,336,780. The CEO stated in a press conference today that FY 2018 sales are forecasted to increase 4.35% increase. What would the average weekly sales be in FY 2018?

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Expert Solution

VON MOUR AVERAGE WEEKS SALES IN 2017	1336780
VON MOUR TOTAL ANNUAL SALES IN 2017	69512560	52	TOTAL WEEKS IN A YEAR

GROWTH IN SALES PROJECTED IN 2018		4.35%

PROJECTED INCRIMENTAL SALES IN 2018 (4.35% OF LAST YEAR SALES)	3023796

TOTAL PROJECTED SALES IN 2018 (2017 SALES + INCRIMENTAL SALE)	72536356

AVERAGE WEEK SALES IN 2018 EXPECTED (TOTAL/ WEEKS)	1394930

OR IT CAN SIMPLY CALCULATED BY JUST APPLYING DIRECTLY TO THE WEEKLY FIGURE

VON MOUR AVERAGE WEEKS SALES IN 2017	1336780

GROWTH IN SALES PROJECTED IN 2018		4.35%

INCRIMENTAL WEEK SALES (4.35% OF LAST YEAR WEEK SALES)	58149.93

AVERAGE WEEK SALES IN 2018 EXPECTED (2017 WEEK SALES + INCRIMENTAL WEEK SALE)	1394930

jeff jeffy answered 1 year ago

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