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shtirl [24]
3 years ago
15

Examine the quarterly sales data in a little different way. Contruct two pie charts, one for sales in 2012 and the other for sal

es in 2013. Does it appear that sales are becoming more seasonal or less seasonal?
Revenues
Quarter 2011 2012 2013
$ 767 $ 10,613 $ 30,342
$ 2,174 $ 6,424 $ 33,867
$ 9,687 $ 19,283 $ 34,246
$ 8,999 $ 33,019 $ 43,783
Totals $ 21,626 $ 69,338 $142,238
Business
1 answer:
julsineya [31]3 years ago
7 0

Answer:

sales are becoming less seasonal

Explanation:

besides constructing a pie chart, we can also answer this question by percentages (which is more exact).

2012:

total sales = $69,338

Q1 sales = $10,613 / $69,338 = 15.31%

Q2 sales = $6,424 / $69,338 = 9.26%

Q3 sales = $19,283 / $69,338 = 27.81%

Q4 sales = $33,019 / $69,338 = 47.68%

2013:

total sales = $142,238

Q1 sales = $30,342 / $142,238 = 21.33%

Q2 sales = $33,867 / $142,238 = 23.81%

Q3 sales = $34,246 / $142,238 = 24.08%

Q4 sales = $43,783 / $142,238 = 30.78%

During 2012, almost 50% of total sales happened during Q4, something similar to selling toys which are extremely seasonal due to Christmas.

During 2013, this changed since Q4 sales only represent 30% of total sales. Sales increased during Q1 and Q2, and slightly decreased in Q3. They are much more similar now, since sales are almost evenly spread throughout the year.

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4 0
3 years ago
Explain the law of one price and the theory of purchasing power parity. Why doesn't purchasing power parity explain all exchange
Masteriza [31]

Answer:

The law of one price establishes that the product or service price will remain the same for all the entire world.

Explanation:

The law of one price establishes that the product or service price will remain the same for all the entire world. It is necessary to take into account for this law that the price of the currency  needs to be also the same and that the price of the product or service would not be affected by other factors such as additional buyers or sellers in the market.

On the other hand the purchasing power parity refers to the idea of an equilibrium of currencies in exchange rates, it means that the power for purchasing will be represented in the same way in the different countries, and it is important to mention that this theory is base in the law of one price.

The  the long run equilibrium is an idea that in theory represents all the equilibrium of prices, quantities, and markets in general; on the other hand, for the short run equilibrium there are some limitations in which the market cannot be explained as properly and fully balanced.

6 0
4 years ago
Two important trends in the labor force participation rates of adults aged 20 and over in the United States since 1948 are the​
ankoles [38]

Answer: D) rising;falling

Explanation:

Two important trends in the labor force participation rates of adults aged 20 and over in the United States since 1948 are the​ rising labor force participation rate of adult women and the​ falling labor force participation rate of adult men.

3 0
3 years ago
Match the pairs to their respective categories.
baherus [9]

Answer:

PAIRS OF SUBSTITUTES

tea - coffee  

butter - margarine

petroleum - natural gas

PAIRS OF COMPLEMENTARY GOODS

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pen-refill

Explanation:

Substitutes are goods that can replace other goods.   On the other hand, complementary goods go hand in hand with one another.  This implies that while substitutes can be used in isolation, complementary goods cannot be used in isolation of each other.  For example, if one needs a pen, they also require a refill.

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3 years ago
Dozier and his wife, daughter, and grandson lived in the house Dozier owned. At the request of the daughter and grandson, Pascha
liubo4ka [24]

Answer: Yes

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A bilateral agreement is the exchange of a promise for another and in this case would have been, the promise that Dozier would pay for Paschall’s work. This was not established, however, Dozier will benefit from Paschall’s work unduly if he does not pay for the improvements. The law holds that he has to pay for Paschall’s work to prevent being unjustly enriched.

6 0
3 years ago
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