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yan [13]
3 years ago
5

A company has revenue of $1000 in 2009. Our current estimate is that revenues will grow 25% per year. Our profit each year will

equal 20% of revenue. What annual growth rate (rounded to the nearest 1%) in revenue would yield a total profit of $15,000 for years 2009-2015 for this situation. Enter just the number; e.g., 65%.
Business
1 answer:
Dominik [7]3 years ago
7 0

Answer:

85.3%

Explanation:

since profits = 20% of total revenue, so total revenue = $15,000 / 20% = $75,000

That means that total revenue must grow from $1,000 to $75,000 in just 7 years. We can use the future value formula to determine the growth rate:

future value = present value x (1 + r)ⁿ

$75,000 = $1,000 x (1 + r)⁷

(1 + r)⁷ = $75,000 / $1,000 = 75

⁷√(1 + r)⁷ = ⁷√75

1 + r = 1.853

r = 1.853 - 1 = 0.853 = 85.3%

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Answer:

The correct option is its aim is to review internal processes independently of the external industry environment

Explanation:

The first option is wrong because it only made mention of the internal strengths and weaknesses,there is no mention of external opportunities and threats

The second option is obviously wrong as SWOT has no direct link with classifying assets as tangible or intangible.

It is not conducted by regulatory agencies as it is not a regulatory requirement

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6 0
3 years ago
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Answer:

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Explanation:

An EMD or a good faith deposit is done in a real estate operation. Usually when the buyer doesn´t have all the money to buy the property they make a EMD when signing a sales contract. The EMD gives the buyer some time to get a loan, conduct the title search, a property appraisal and all the inspections necessary before closing the deal. The buyer gets his money back in case something goes wrong with the sell that isn´t his responsibility, i.e. the house has severe damage that was unnoticed until a further inspection was made. But when the sell isn´t carried out due to issues with the buyer, i.e. he couldn´t get his loan approved in time, then the buyer gets to keep the EMD. The contingencies must be stipulated in the contract, ether in favor of the buyer or the seller to establish in which cases a party can claim the EMD.

8 0
3 years ago
After the issuance of its year 1 financial statements, Serenity Inc. discovered a computational error of $150,000 in the calcula
Vladimir79 [104]

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Therefore, the correct option is C.

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