per year. Shannon's market share in the Austin market has been steady at 2.4%. Based on Shannon's experience in the Austin market, what is a good estimate of Shannon's sales potential for the six-county area in gallons of beer? Round your answer to the nearest full gallon (no decimal places). Do not include commas in your answer.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Assume the average Texas adult (21+ years of age) consumes 3.4 gallons of craft beer
per year. Shannon's market share in the Austin market has been steady at 2.4%. Based
on Shannon's experience in the Austin market, what is a good estimate of Shannon's
sales potential for the six-county area in gallons of beer? Round your answer to the
nearest full gallon (no decimal places). Do not include commas in your answer.
Transcribed Image Text:Assume the average Texas adult (21+ years of age) consumes 3.4 gallons of craft beer per year. Shannon's market share in the Austin market has been steady at 2.4%. Based on Shannon's experience in the Austin market, what is a good estimate of Shannon's sales potential for the six-county area in gallons of beer? Round your answer to the nearest full gallon (no decimal places). Do not include commas in your answer.
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