Answer:
The percentage rate of growth from 2010 to 2011 is the 1237.3%
Explanation:
The percentage rate or growth for online advertising spend in 2011 compared to 2010 is obtained when calculating the following operations:
1. You must know what is the base figure you want to use to determine the percentage growth. In this case $5.9 Billion is the base figure you will use.
2. You want to know what is the figure with which you will determine the final growth. In this case is $73 billion.
3. You replace the values in the following formula:
percentage rate or growth =(( <u> Final growth figure </u> ) ) x 100
Base figure
percentage rate or growth =(( <u> 73 </u> ) ) x 100
5.9
percentage rate or growth = 12.3728 x 100
percentage rate or growth = 1237.28
4. As you want to round your answer to one percentage place, then you round to .28 to .3 that is the next higher decimal number.
percentage rate or growth = 1237.3%
Answer: $428,000
Explanation:
Given that,
Accounts payable = $62,000
Accounts receivable = 100,000
Cash = 30,000
Inventory = 138,000
Land = 160,000
Common Stock = 200,000
Revenue = 80,000
Dividends = 56,000
Expenses = 40,000
Total assets = Accounts receivable + Cash + Inventory + Land
= 100,000 + 30,000 + 138,000 + 160,000
= $428,000
Let’s just say that the entire year is 365 days. So, we need to divide the APR (13.50%) to 365. This gives us a value of 0.037% and since the the billing cycle is 30 days, we need to multiply 0.037% to 30 to get it’s periodic interest rate. Therefore, the periodic interest rate is 1.11%.
