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
kicyunya [14]
3 years ago
15

Topdog is a toy company, whose profit/sales percentage is 13% in 2015, 16% in 2016 and 20% in 2017. Assuming simple trend, what

is the predicted profit/sales % of this company for 2018?
Business
1 answer:
elixir [45]3 years ago
6 0

Answer:

25%

Explanation:

Using simple trend, to calculate the predicted sales/profit of 2018, we use;

(percentage sales of 2017 - percentage sales of 2016) ÷ percentage sales of 2016.

we have,

percentage sales in 2018 = <u>20 - 16</u>

                                              16

                                        =  <u>4</u>

                                           16

                                       = 0.25.

Percentage sales in 2018 = 25% i.e 0.25 x 100%

Cheers.

You might be interested in
The head of ABC Company announces that the company is going to start a weekend project teaching self-defense techniques to under
Mama L [17]

Answer:

Behavioral component

Explanation:

Attitude is the way we evaluate, prefer or reject a person or something which is determined by the information we have. General, it is how we tend to think or behave in a particular direction about a situation or something which is usually followed by feelings.

Attitude comprises of three components: cognitive, affective, and behavioral components.

The cognitive component of attitudes are the beliefs, characteristics and thoughts which are held by people about an object.

The affective component relates to emotions or feelings such hate, love or fear that are displayed by people toward something.

The behavior component of an attitude is they way a person intends or expects to behave toward an object. That is, it is an intention to react in a particular way toward an object or a situation.

Therefore, decision of Thomas to register for the project, as he is a trained kick-boxer, reflects the behavioral component of his attitude.

I wish you the best.

6 0
3 years ago
Someone who likes building, designing, or creating things probably has a(n)
Afina-wow [57]
It is an architect because they love to build things and create things as well  <span />
6 0
3 years ago
Read 2 more answers
Havermill Co. establishes a $460 petty cash fund on September 1. On September 30, the fund is replenished. The accumulated recei
frozen [14]

Answer:  Debit Petty cash $408; Credit Cash $408.

Explanation: Petty cash is a small amount of fund set aside for immediate or urgent minor expenses. In most organizations, there is a limit to the petty cash amount that a business unit can have. And someone is always saddled with the responsibility of managing the fund. It has its business rule in the sense that the amount should not be withdrawn beyond zero balance to throw it into debit.

In the instance of the question, the petty cash is $460 and within September, total expenses of $316 were incurred and paid for, leaving a balance of $144. However, the accountant determines that this cash should be increased by $92 on 1 October, so reimbursement to the fund would be the amount already spent ($316) and the proposed increment ($92), making $408.

5 0
3 years ago
Cragmont has beginning equity of $277,000, net income of $63,000, withdrawals of $25,000 and no additional investments by owners
MatroZZZ [7]
The ending equity is $315,000 This is just a matter of adding income and subtracting withdraws. So let's do it. "Cragmont has beginning equity of $277,000," x = $277000 "net income of $63,000" x = $277000 + $63000 = $340000 "withdrawals of $25,000" x = $340000 - $25000 = $315000
3 0
3 years ago
A $2,000 cash dividend is planned in 2019. No dividend was paid in 2018. 1,000 shares of 5% cumulative $10 par value preferred s
Irina-Kira [14]

Answer:

C) $1000

Explanation:

First lets calculate the cumulative preferred stock dividend for 2 years

(1000 * 10 ) * 5% = 500 / year

so for 2 years = $1000 since it is cumulative and not paid in one year is added to next year.

Total dividend payable = $2000

so for common stock whatever is left over is paid thus,

Common stock share = Total - Preferred cumulative = 2000 - 1000 = $1000

Hope that helps.

4 0
3 years ago
Other questions:
  • The common stock of the C.A.L.L. Corporation has been trading in a narrow range around $145 per share for months, and you believ
    13·1 answer
  • Student Emergency Financial Services, Inc., which makes small loans to college students, offers to lend $550. The borrower is re
    10·1 answer
  • Blackner corporation produces and sells a single product. data concerning that product appear below: selling price per unit $220
    7·1 answer
  • Jose wants to upgrade his look before a job interview. A friend tells him about a men's clothing line that allows potential cust
    12·1 answer
  • To improve the performance of the​ __________, many companies today are partnering with other members of the supply chainlong da
    7·1 answer
  • Which is true of​ output-choice models of oligopoly​ behavior?
    12·1 answer
  • Which method of forecasting analyzes historical data and involves a panel of experts A. Time series analysis B. Cost-benefit ana
    5·1 answer
  • On July 1 the FISHER Shoe Store paid 15,000 to Acme Realty for 6 months rent beginning July 1. Prepaid Rent was debited for the
    14·1 answer
  • A bachelors degree in which of the following areas is a good choice for an arts an communication manager?
    10·1 answer
  • Casey Motors recently reported the following information:
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!