1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lakkis [162]
3 years ago
14

g Assume the following sales data for a company: Current year $764,442 Preceding year $509,074 What is the percentage increase i

n sales from the preceding year to the current year? Select the correct answer. 50.16% 150.16% 33.41% 66.59%
Business
1 answer:
IgorLugansk [536]3 years ago
5 0

Answer:

50.16%

Explanation:

The percentage increase in sales from the preceding year to the current year can be calculated as:

\frac{P_c-P_p}{P_p}\cdot 100

where:

P_c is the sale for the current year

P_p is the sale for the preceding year

From the sales data of this problem, we have:

P_c=\$764,442 (current year)

P_p=\$509,074 (preceding year)

Therefore, the percentage increase in sales is:

\frac{764,442-509,074}{509,074}\cdot 100=50.16\%

You might be interested in
In a business-to-business transaction, the seller offers the buyer a 2 percent discount for paying a bill early. Assuming the us
chubhunter [2.5K]

Assuming the user took advantage of this offer, the amount that would be discounted on a $10,000 invoice is: $200.

<h3>Discounted amount </h3>

Using this formula

Discounted amount =Discount rate× Invoice

Let plug in the formula

Discounted amount=2%×$10,000

Discounted amount=$200

Therefore assuming the user took advantage of this offer, the amount that would be discounted on a $10,000 invoice is: $200.

Learn more about Discounted amount  here:brainly.com/question/12965533

#SPJ1

8 0
1 year ago
China, India, Eastern Europe, and other developing countries have been sourcing hot spots. Explain why and also discuss any prob
Oksana_A [137]

Answer: The problem in outsourcing from low-cost country:

It is seeking goods and services beyond the border of a region. It is a process where organizations look for the most cost-effective place globally to manufacture their goods. Most organizations choose a global sourcing strategy as the cost is using lower abroad.

Explanation:

Outsourcing from low-cost countries a move by the company to cut costs as they have a huge presence of labor. It will allow them to concentrate on their core activities. But, there are some problems outsourcing from low-cost countries. Some are :

1. Sometimes the outsourcing does not provide the expected cost savings.

There might be new conflict and problem arising from different sources

2. There might be legal barriers present between the two different nations involved in outsourcing.

7 0
3 years ago
Which of the following occupations would be best suited for someone with an intuitive-feeling style?A. Public relations B. Adver
Hitman42 [59]

Answer:

Politics

Public relations

Explanation:

There are 4 styles of learning namely:

- Sensing uses their senses to understand the world. They verify first for themselves them they believe

- Intuitive perceives inner meaning in how people relate with each other. Usually they don't just take what they see but look for deeper significance.

- Thinking the individual looks at facts and verifiable information. Thinks in terms of cause and effect.

- Feeling is based on like and dislike. They don't use logic but rather implied meaning of actions.

So for a intuitive-feeling style are those who continuously seek for self expression. They are not comfortable with routine tasks. Do not like following set procedures but act intuitively.

These set of people will do better on politics of public relations

6 0
3 years ago
At the end of the current year, Accounts Receivable has a balance of $2,150,000; Allowance for Doubtful Accounts has a debit bal
disa [49]

Answer:

a. Allowance for doubtful accounts = Unadjusted balance + Adjusted balance

= $10,500 + $110,000

= $120,500

b. i)The adjusted balance of accounts receivable shall be $2,150,000(adjusted debit balance)

ii) Adjusted balance = Bad debt expense - Unadjusted balance

= $120,500 - $10,500

= $110,000 (Adjusted credit balance)

iii) Adjusted bad debt expense = Unadjusted balance of allowance for doubtful accounts + Adjusted balance allowance for doubtful accounts

= $10,500 + $110,000

= $120,500 (Adjusted debit balance)

c. Net realizable value = Gross accounts receivable - Allowance for doubtful accounts

= $2,150,000 - $110,000

= $2,040,000

3 0
3 years ago
20 POINTS AND BRAINLIEST. Mike wants to pursue a job in energy. He goes to college to become
Kamila [148]
This is an example of an apprenticeship
Can you please comment to this and tell me if it’s right if you know?
4 0
3 years ago
Other questions:
  • Would Davidson Masonry automatically be taxed as a partnership or a corporation? Is Davidson Masonry member managed or manager m
    12·1 answer
  • A manager buys three shares of stock today, and then sells one of those shares each year for the next 3 years. His actions and t
    14·1 answer
  • On October 10, the stockholders’ equity of Sherman Systems appears as follows. Common stock–$10 par value, 74,000 shares authori
    12·1 answer
  • You have $1200 to invest in a bank account with an interest rate of 4.5%, compounded monthly. After how many years will your acc
    6·1 answer
  • The yield to maturity on a bond is:
    6·1 answer
  • When is it productive to set up a folder system for filing emails?
    15·2 answers
  • Wayne, Inc., wishes to expand its facilities. The company currently has 5 million shares outstanding and no debt. The stock sell
    6·1 answer
  • A stock has a price of 100. It is expected to pay a dividend of $2 per share at year-end. An at-the-money European put option wi
    5·1 answer
  • Evaluate<br>2a + 4b<br>or a = -2 and b = 3​
    15·2 answers
  • An increase in the number of which of the following will lead to an increase in the unemployment rate? Discouraged workers A Bus
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!