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Set Field Value based on other fields using formula

CONTEXT: For each of the customer at our company, we want to populate a "revenue target" field which depends on other fields the end-user is inputting (e.g. if the customer is a national chain, which services we are providing to them).

For the more simple calculations, I have been using a workflow and set field value action (before record submit) and using CASE WHEN statements as a formula. For example,

Revenue Target=CASE WHEN {custrecord52} = 'National Chain' THEN 7500
WHEN {custrecord52} = 'Regional Chain' THEN 5750
WHEN {custrecord52} = 'Independent' THEN 4000
ELSE 0
END

QUESTIONS: I have three main questions.

  1. How can I do something similar for client triggers like before user submit (which according to this documentation requires a JavaScript formula:

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