If a firm's sales index in January is 128 and average monthly sales are $300,000,what is the January sales level?

Name: If a firm's sales index in January is 128 and average monthly sales are $300,000,what is the January sales level?
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Question

Quizplus · Accepted Answer

If the sales index for January is 128 and the average monthly sales are $300,000, then we can find the January sales level as follows:
January sales level = Sales index x Average monthly sales
= 128 x $300,000
= $38,400,000
Therefore, the January sales level is $384,000.

If a Firm's Sales Index in January Is 128 and Average