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
natta225 [31]
3 years ago
5

Assume the following sales data for a company: Year 2 $684,000 Year 1 $600,000 What is the percentage increase in sales from Yea

r 1 to Year 2 (to the nearest percent)? a. 88% b. 114% c. 12% d. 14%
Business
1 answer:
docker41 [41]3 years ago
3 0

Answer:

The correct answer is 14%

Explanation

Year 1: $600,000

Year 2: $684,000

Year 2 ($684,000) - Year 1 (600,000) = $84.000

Method "Rule of three" or Cross multiplication

$600,000------100%

$84,000-------- ?

$84,000 x 100= 8,400,000 then you divide the answer into $600,000

8,400,000/600,000= 14%

You might be interested in
A(n) ________ is defined as a tangible good, service, idea, or some combination of these that satisfies consumer or business cus
lana66690 [7]

A <u><em>product </em></u>is defined as tangible goods, services, ideas, or some combination of that satisfies the consumer.

Tangible good:

Tangible goods are any items that can be physically touched, moved, seen, weighed, measured, or picked up. A car, printed book, clothing, tools, flowers, furniture, or DVDs are just a few of many examples of tangible goods.

Intangible or Abstract goods;

An intangible good is claimed to be a type of good that does not have a physical nature, as opposed to a physical good (an object). Digital goods such as downloadable music, mobile apps, or virtual goods used in virtual economies are proposed to be examples of intangible goods.

For more questions like Tangible products visit the link below:

brainly.com/question/15323118

#SPJ4

3 0
1 year ago
Josh is journalizing an adjustment for a bank service fee. What type of
Monica [59]

Answer:

Expense

Explanation:

8 0
2 years ago
Natalie and shay are both employees at righttool, inc. the marketing manager often meets with shay, the production manager, to s
miss Akunina [59]

This is an example of Direct marketing as Natalie and shay are both employees in righttool, inc. Shay, the production manager, and the marketing manager frequently meet to solve specific mutual problems.

<h3>What is direct marketing?</h3>

Direct marketing is the direct communication or the distribution to the customers, individuals or to the shopkeeper without involving the third party.

Direct marketing is so-called because it generally eradicates the middleman, such as adverts, it exclude Mail, email, social media, and texting campaigns.

Thus, it is called Direct marketing.

For more details about Direct marketing, click here:

brainly.com/question/14008832

#SPJ1

5 0
2 years ago
You are the manager of a gas station in a small town, and your goal is to maximize profits. Based on your experience, the elasti
Levart [38]

<span>a. </span>No. Since the good that I am selling is inelastic considering the elasticity given in and outside Texas, having a lower price than non-Texan gas stations would have less impact on the quantity demanded.

<span>b. </span>The profit-maximizing price to charge a Texan for a car wash would be $12.

<span>c. </span><span>The profit-maximizing price to charge a Californian for a car wash would be $18. </span>

<span>(See attached for the calculations.)</span>

Download docx
7 0
3 years ago
On January 1, Year 1, Li Company purchased an asset that cost $25,000. The asset had an expected useful life of five years and a
NeX [460]

Answer:

Amount of depreciation expense =$5,250

Explanation:

Under the straight line method the same amount is charged as depreciation expense over the estimated useful life of the asset

Initial depreciation = cost - salvage value /number of years

= (25,000 -5000)/5

= 4000 per year

Accumulated depreciation for 4 years= 4000× 3 = 12,000

Revised depreciation = (25,000 -12,000 - 2500)/2

=$5250 per year

Amount of depreciation expense for year 4 =$5250

8 0
2 years ago
Other questions:
  • Diamond enterprises is considering a project that will produce cash inflows of $41,650 a year for three years followed by $49,00
    13·1 answer
  • Instruck inc. is a real estate firm based in colorado. the company ensures that employees' pay is dependent on what they are cap
    14·1 answer
  • If a firm invests in continuous innovation and willingly cannibalizes its existing products with more advanced products, the fir
    9·1 answer
  • In the open-economy macroeconomic model, other things the same, which of the following combinations make the exchange rate fall?
    5·1 answer
  • The main idea in the making ethical decisions box "do we stay or do we go?" indicates: a need for firms to place a higher level
    5·1 answer
  • Which of the following requirements must be met for a redemption to be treated as substantially​ disproportionate? A. The shareh
    6·1 answer
  • Which of the following is the federal agency charged with protecting consumers from "unreasonable risks of injury and death" fro
    6·1 answer
  • 2. Roth retirement funds require you to pay taxes on your investment dollars up-front, while
    10·1 answer
  • On March 1, 2018, Lewis Services issued a 6% long-term notes payable for $18,000. It is payableover a 3-year term in $6000 princ
    14·1 answer
  • Use the information presented in Southwestern Mutual Bank's balance sheet to answer the following questions. Bank's Balance Shee
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!