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Serga [27]
4 years ago
10

If a company sales are growing at a rate of 20% annually, how long it will take sales to double?

Business
1 answer:
Zinaida [17]4 years ago
3 0
Use this equation: FVN= $2 = $1(1 + I)N= $1(1.20)<span>N    (With any dollar amount)

</span>The exact answer is 3.8 years, but some calculators will round this value up to the next highest whole number, so maybe 4 years. 
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Prisly Inc. is a multinational company that specializes in manufacturing and selling high-end cars. It launches a new car, the G
nasty-shy [4]

Answer:

cannibalization

Explanation:

Cannibalization of products refers to a situation where one product of the same company will "eat" (reduce) the sales of another product or products of the same company.

For example, Coke Zero cannibalized the sales of Diet Coke and regular Coke.

3 0
4 years ago
Why has climate change become a major issue for both business and government?
loris [4]

The change in climate patterns affects the entire planet.

Although climate change is occurring at a relatively mild pace at the moment, one possible outcome in the future of increased environmental damage is more rapid climate change.

8 0
3 years ago
Which of the following techniques can be used to narrow options for increased decision-making effectiveness? A. Applying differe
Pachacha [2.7K]

Answer:

A. Applying different analytical approaches.

Explanation:

In decision making, it is advisable to apply different analytical approaches. In doing this, you are able to know the pros and cons of the different approaches.

This will thus help one narrow options for increased decision-making effectiveness.

4 0
3 years ago
True or False: Anything less than a full bottle shouldn't be considered in inventory at all.
elena55 [62]

Answer:

when it comes to certain stuff true

Explanation:

4 0
2 years ago
Speciality Steel Inc. will manufacture and sell 250,000 units of their product next year. Fixed costs will be $250,000. Variable
Otrada [13]

Based on the amount to be sold and the intended level of earnings, the selling price per unit should be<u> $3.40</u>

The Contribution margin needed is:

<em>= Fixed cost + Required earnings </em>

= 250,000 + 260,000

= $510,000

To get to this amount, the sales should be:

<em>Contribution margin = Sales x ( Selling price - Variable cost)</em>

510,000 = 250,000 × 0.6x

510,000 = 150,000x

x = 510,000 / 150,000

x = $3.40

In conclusion, the selling price is $3.40

Find out more about intended selling price/ quantity at brainly.com/question/25638811.

6 0
3 years ago
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