Superba Cravats Is a Major Marketer of Men's Bow Ties

Superba Cravats is a major marketer of men's bow ties.It estimates there are 20 million buyers of bow ties each year,that the average wearer of bow ties purchases 4 ties per year,and that the average price per bow tie is $10.Superba Cravats currently has a market share of 20 percent,which it expects will increase to 25 percent in the coming year as a result of its new relationship marketing program.The sales forecast or company forecast for Superba for the coming year would be:

A) $80 million.
B) $200 million.
C) $400 million.
D) $800 million.

Correct Answer:

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