A golf shop allocated 13% of its retail sales forecast of $325,000 to woods. What was the estimated total revenue from woods?

Study for the PGA PGM 3.0 Level 2 Golf Operations Test. Hone your skills with tailored multiple-choice questions, complete with detailed hints and explanations. Get confident and ready to excel on exam day!

To find the estimated total revenue from woods, you need to calculate 13% of the retail sales forecast of $325,000. This involves taking the total sales figure and multiplying it by the percentage allocated to woods.

To do the calculation:

  1. Convert the percentage to a decimal by dividing by 100, so 13% becomes 0.13.

  2. Multiply the total retail sales by this decimal:

( 0.13 \times 325,000 = 42,250 ).

This means that the revenue expected from woods is $42,250, which aligns with the choice presented. This is a straightforward application of percentage calculation that is vital for financial planning in retail golf operations, ensuring that resources are allocated effectively based on projected sales.

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