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______________ is a quick estimate based on sales growth.Select one:a.percentage of salesb.moving averagec.monthly estimated.gross sales

Question

______________ is a quick estimate based on sales growth.Select one:a.percentage of salesb.moving averagec.monthly estimated.gross sales

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Solution

The correct answer is a. percentage of sales. This method is often used for quick estimates because it is based on the growth rate of sales. Here's a step-by-step explanation:

  1. Identify the total sales for a specific period.
  2. Calculate the growth rate of sales by comparing the sales of the current period to the sales of the previous period.
  3. The percentage of sales is then calculated by dividing the growth rate by the total sales of the current period.
  4. This percentage gives a quick estimate

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