JVA store serves an approximate 1,200 customers annually. These are the breakdown of its customers: Teens - 500 Middle Age - 450 Senior Citizen - 250 All customers spend an average of Php500.00 per visit. Assuming the customers visit CGK Store every 2 months, what is the projected annual market size for JVA Store? However, during the 3-month lockdown, salons are not allowed to operate. What is the projected loss in revenues for CGK Store?
JVA store serves an approximate 1,200 customers annually. These are the breakdown of its customers: Teens - 500 Middle Age - 450 Senior Citizen - 250 All customers spend an average of Php500.00 per visit. Assuming the customers visit CGK Store every 2 months, what is the projected annual market size for JVA Store? However, during the 3-month lockdown, salons are not allowed to operate. What is the projected loss in revenues for CGK Store?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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JVA store serves an approximate 1,200 customers annually.
These are the breakdown of its customers:
Teens - 500
Middle Age - 450
Senior Citizen - 250
All customers spend an average of Php500.00 per visit.
Assuming the customers visit CGK Store every 2 months, what is the projected annual market size for JVA Store? However, during the 3-month lockdown, salons are not allowed to operate.
What is the projected loss in revenues for CGK Store?
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