Beauty Salon serves an approximate 1,200 customers annually. These are the breakdown of its customers: Teens - 500 Middl

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answerhappygod
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Beauty Salon serves an approximate 1,200 customers annually. These are the breakdown of its customers: Teens - 500 Middl

Post by answerhappygod »

Beauty Salon serves an approximate 1,200 customers annually.
These are the breakdown of its customers:
Teens - 500 Middle Age - 450 Senior Citizen - 250
All customers spend an average of Php500.00 per visit. Assuming
the customers visit ABC Salon every 2 months, what is the projected
annual market size for Beauty Salon?
However, during the 3-month lockdown, salons are not allowed to
operate.
What is the projected loss in revenues for ABC Salon?
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