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Frio Ski resort’s total revenue was $460,000 in the last month. The management projected that the...

Frio Ski resort’s total revenue was $460,000 in the last month. The management projected that the total revenue will mostly likely decrease by 12.00% due to low season in the next month. Based on the projections, what is the forecasted total revenue for Frio Ski Resort for the next month?

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Answer #1

Total revenue for last month = 460000

Next month = 460000*88% = $404800

So Sales for the Next month would be $404800

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