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2 years ago

If sales are $904,000 in 2019 and this represents a 13% increase over sales in 2018, what were sales in 2018?

2 answers:

3 0

<span>The sales in 2018 will be $800,000. Let the sales in 2018 be x and 13% increase shows 1.13x and the calculation will be done by dividing 904000 with 1.13 and the answer will be 800000. This is simple calculation as the question is showing that the sales in 2018 were less so that answer is also checked.</span>

Nesterboy [21]2 years ago

3 0

Sales in 2018 are $ 800,000

The calculation is as follows:

100% in 2018 is $ 800,000

A 13% increase in 2019 represents $ 800,000 x 13%

The result is $ 104,000

So, 100% in 2018 + 13% 2019 increase = $ 800,000 + $ 104,000 = $ 904,000

<h2>Further explanation </h2>

Making sure your business sales continue to increase is not easy, many companies have used various methods and methods to generate sales.

Here are 5 ways to increase sales:

Make your customers happy

A potential customer should feel happy when entering your store, create a friendly atmosphere that invites them to come to your store and make sure your staff interacts with potential customers.

Focus on the quality of your product

The number one factor for increasing sales is to explain the value and quality of your product before the price. This is indeed difficult because in general customers will ask for prices, but have you ever bought a product without thinking about price? This is what you need to communicate, that the value and quality of the product that you offer are proportional to the price.

Increase the number of orders

Upselling is one of the best ways to increase revenue in your store. The definition of upselling is selling more products to customers who already have the intention to buy. Because these potential customers are already in the buying mindset, so you can make them increase the number of orders.

Give a promo with a limited time

One way to increase sales is to create urgency, such as giving promos in a short time. You can give a discount in a certain percentage to every customer who comes if they make any special purchases that day.

Perform after-sales communication

After you get new customers, it's important to stay in touch with them after the sale. The goal is to find ways to increase their lifetime value (LTV) or loyalty to your business.

Learn more

increase sales brainly.com/question/7455503

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Details

Class: College

Subjects: Business

Keywords: Sales, Increase, Business

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Answer:

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The average cost comprises of the variable operating cost per mile as well as the fixed operating cost per mile

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3 years ago

In the economy of Ukzten in 2010, consumption was $6000, exports were $1000, GDP was $10,000, government purchases were $2000, a

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I= $1,600

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We have to clear Investment from the GDP formula:

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The problem gives this information:

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2 years ago

a study by university of minnesota economist, joel waldfogel, estimated the difference in the actual monetary value of gifts rec

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The deadweight loss is $90.6.

<h3>How to calculate the loss?</h3>

The study suggested that the average recipient's valuation of the gift received was approximately 90% of the actual purchase price of the gift.

This means there's a loss of 10% in value constitute the deadweight loss.

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Percentage loss in value = 10% or 0.10

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DWL = $906 * 0.10

The deadweight loss would be $90.6.

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A study by university of minnesota economist, joel waldfogel, estimated the difference in the actual monetary value of gifts received and how much the recipients would have been willing to pay to buy them on their own. the study suggested that the average recipient’s valuation was approximately 90% of the actual purchase price.

Calculate the deadweight loss if the average amount is $906.

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In a balanced balance sheet, if liabilities are $2,000 and owner’s equity is $3,300, what must assets be ____?

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