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nira's Closet L's Closet air 's Closet air

nira's Closet L's Closet air 's Closet air

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Samira's Closet came up with the business goals below upon seeing their financial results from 2018. Samira's Closet Business Goals: In the next 12 months, Samira's Closet aims to extend the services provided to include more styling and custom-made items. In the next 3 years, Samira's Closet aims to triple sales. In the next 5 years, Samira's Closet aims to have 90% store stock to be Samira's own designs. Below is a table of forecast and actual sales of Samira's Closet. 2018 2019 2020 2021 Sales Forecast $385,000 $539,000 $693,000 Actual Sales $231,000 $320,000 $450,000 (a) Should Samira's Closet continue with their current selling techniques in order to reach their goals in 2021? Justify your answer.
Transcribed Image Text:Samira's Closet came up with the business goals below upon seeing their financial results from 2018. Samira's Closet Business Goals: In the next 12 months, Samira's Closet aims to extend the services provided to include more styling and custom-made items. In the next 3 years, Samira's Closet aims to triple sales. In the next 5 years, Samira's Closet aims to have 90% store stock to be Samira's own designs. Below is a table of forecast and actual sales of Samira's Closet. 2018 2019 2020 2021 Sales Forecast $385,000 $539,000 $693,000 Actual Sales $231,000 $320,000 $450,000 (a) Should Samira's Closet continue with their current selling techniques in order to reach their goals in 2021? Justify your answer.
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