(12-6)/12 gives you the growth rate *over five years* (115%)
divide that by 5 and you get an average rate of 23% growth per year.
If we’re rounding, yes, that statement is correct. Otherwise, growth over five years doubled because there was a growth of 115% and year-over-year growth was 23%.
Answer:
Interest= $1750000
Explanation:
We know that:
EBIT
interest (-)
=earnings before taxes
tax (-)
=Net profit
EBIT= 6750000
Interest= ?
t= 0,40
Net profit= 3000000
interest= [netprofit/(1-t)]- EBIT
interest= (3000000/0,60)-6750000
interest= 1750000
Tax=(EBIT-interest)*0,35= 2000000
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Answer:
The correct answer is: in retail.
Explanation:
To begin with, if Josephine is a teenager who works part-time to make money for her own expenses and also she is like most of american youth who hold part-time jobs then the most probable place to work is in retail, where many teenagers are required due to the fact that the majority of the jobs given in that area are for people who do not need many skills or abilities and therefore that the common action to take is to hire young people to pay low salaries for part-time jobs.
I think the answer is D. i’m not really sure but i’m sorry if it is wrong