Total market of shampoos is $100 million in Canada. Top end segment accounts 30% of it. Your research indicates that 4% of these consumers will definitely buy brand and 10% will most probably buy the brand. Your brand has high quality. You forecasted revenue (Year 1) for the pro forma income statement should be

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Total market of shampoos is $100 million in Canada. Top end segment accounts for
30% of it. Your research indicates that 4% of these consumers will definitely buy yo
brand and 10% will most probably buy the brand. Your brand has high quality. Your
forecasted revenue (Year 1) for the pro forma income statement should be
$ 4.0 million
$1.2 million
$ 14 million
$4.2 million
Transcribed Image Text:Total market of shampoos is $100 million in Canada. Top end segment accounts for 30% of it. Your research indicates that 4% of these consumers will definitely buy yo brand and 10% will most probably buy the brand. Your brand has high quality. Your forecasted revenue (Year 1) for the pro forma income statement should be $ 4.0 million $1.2 million $ 14 million $4.2 million
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