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Neporo4naja [7]
3 years ago
6

Sales of cases of bottled water are up 7% from last year. You sold 900 cases of bottled water last year. Based on current percen

tage demand trends, what would the forecast be for total sales of cases of bottled water in 3 years.
Business
1 answer:
Step2247 [10]3 years ago
4 0

Answer:

1,180 cases

Explanation:

The applicable formula in this case is the formula for calculating future value.

A = P x ( 1 + r)^n

where A is the number of cases after 3 years

P is the number of case sold this year

r is percentage increase: 7 %

n is the number of periods : 3 years

Number of cases sold this year = 900 Plus 7% of 900

=107% x 900

=1.07 x 900

=963

A = 963 x ( 1 +7/100)^3

A= 963 x( 1.07 )^3

A =963 x 1.225043

A =1,179.716

A= 1,180 cases

Number of cases = 1,180

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An Iowa state statute requires amusement parks to maintain equipment in specific condition for the protection of patrons. Jack’s
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A key determinant of the price elasticity of supply is the
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Developing effective marketing communications starts with​ __________.
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The Bethlehem Inn is an all-equity firm with 9,000 shares outstanding at a value per share of $26.80. The firm is issuing $39,93
IgorLugansk [536]

Answer:

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Value of debt issued = $39.932

Value of equity after debt repayment = $241,200 - $39,932

                                                                          =  $201,268                                                                                                                                                                                                                                                                                

No of equity outstanding after debt repayment = <u>$201,268</u>

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                                                                               =  7,510 shares

Explanation:

In this regard, there is need to determine the value of equity after debt repayment, which is value of equity minus value of debt repaid. Then,we  will divide the value of equity after debt repayment by the value of equity per share. This gives the number of shares outstanding after debt repayment.

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4 years ago
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