4 — the three - part business plan\nlearning objective: identify the purpose and components of a business…

4 — the three - part business plan\nlearning objective: identify the purpose and components of a business plan.\nwhich of the following is an example of a sales forecast?\na.) tarheel coffee intends to implement a social responsibility program aimed at community youth within the first 6 months of business.\nb.) tarheel coffee needs an investment of $125,000 to open and is estimated to break even within the first 8 months of opening.\nc.) market research shows that four similar coffee shops in the surrounding areas earned an average profit of $400,000 during year 1. tarheel coffee expects to earn a profit of $350,000 during the first year of business.

4 — the three - part business plan\nlearning objective: identify the purpose and components of a business plan.\nwhich of the following is an example of a sales forecast?\na.) tarheel coffee intends to implement a social responsibility program aimed at community youth within the first 6 months of business.\nb.) tarheel coffee needs an investment of $125,000 to open and is estimated to break even within the first 8 months of opening.\nc.) market research shows that four similar coffee shops in the surrounding areas earned an average profit of $400,000 during year 1. tarheel coffee expects to earn a profit of $350,000 during the first year of business.

Answer

Brief Explanations:

A sales forecast predicts future sales or profits. Option a is about a social - responsibility program, not sales. Option b is about investment and break - even point, not a direct sales forecast. Option c gives an expected profit amount for the first year which is a form of sales forecast.

Answer:

C. Market research shows that four similar coffee shops in the surrounding areas earned an average profit of $400,000 during Year 1. Tarheel Coffee expects to earn a profit of $350,000 during the first year of business.