Menswear Projections For 2005 Are Bleak
Math problems! Can you help?
2001 = 22 million
2002 = 30 million
2003 = 35 million
2004 = 39 million
The prospects for men's clothing in 2005 are bleak. The best estimate available is that sales of men's clothing will be similar to 2001. 2001?
a) 45.5%
B) 33.25%
c) 43.58%
d) 44.61%
e) 37.03%
In this case, the decline will be measured from the previous year, 2004. If sales fall to 2001 levels, the percentage decrease is the difference between 2004 and 2001 sales divided by 2004 sales:
(39 million 22 million) / 39 million
= 17 million / 39 million
= 0.435897
Or ut 43.58% (answer c).
The prospects for men's clothing in 2005 are bleak. Best available sws men's clothing sales forecast for 2001. Men's clothing sales decline in 2005 and are expected to be about the same as in 2001
