Shalit Corporation’s 2008 sales were $12 million. Its 2003 sales were $6 million. a. At what rate have sales been growing? b. Suppose someone made this statement: “Sales doubled in 5 years. This represents a growth of 100% in 5 years; so dividing 100% by 5, we find the growth rate to be 20% per year.” Is that statement correct?

Answers

Answer 1
(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%.

Related Questions

A good piece of advice for subject lines is to be

Answers

To-the-point! No one is enticed to read an email that has a long and boring subject. Briefly sum up the content of the email into something like “Partnership opportunity”

Type the correct answer in the box. Spell all words correctly. Identify Karla’s job based on the given scenario. Karla is a sales manager. She uses a system that streamlines sales tasks such as information sharing, and order tracking. This system helps track the success of her on-floor sales personnel. She uses sales force .

Answers

Answer:

Karla is a manager of sales. She

employs

a system that facilitates sales activities including order tracking and information exchange. Her on-floor sales staff's performance is monitored by this system.

She applies pressure sales force Management.

Explanation:

3. Which word relates to problem solving!
a. brain-storming
b. cheating
c. laziness
d. all the above

Answers

Answer:  The correct answer to this question is an

option a. brain-storming.

Explanation: Brainstorming is a problem-solving method that involves the instinctive contribution of creative ideas and solutions. Brainstorming helps when one's stabbed in any hurdles and if any problem comes and he is unable to find the solution for that. When you get confused about preferences and you do not know which step to take first then also Brainstorming helps us. Brainstorming combines an informal approach to problem-solving with lateral thinking, a method for developing new concepts to solve problems by looking at them innovatively.

Read more about Brainstorming.

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describe the relationship between supply and demand in your own words

Answers

Answer:

Supply: In economic terms, supply is the amount of resources or products that are provided by the company or an organization to the public or the targeted marketed. For example a toy making company would be providing toys to people with children, who are in need of toys.

Demand: It is an economic concept that states the need of a product or service. People or organizations have needs which are fulfilled by products and services. For example, the need for toys of people with children is known to be their demand which is then fulfilled by companies.

provisional money manager who makes risk
investment from pool of equity capital to obtain
high rate of return on investment​

Answers

The answer is Venture capitalist.

Explanation:

The Venture Capitalist is the provisional manager who makes risk investment from pool of equity capital to obtain high rate of return on investment.

Venture capital funds invest in early stage companies in exchange for equity or an ownership stake in those companies.

Venture capitalists provide the financing interest of generating a return through an exit event such as company selling shares to public for the first time in an public offering.

The venture capitalists get significant control over company decisions. in addition to a significant portion of the companies ownership.

the branch of agriculture that deals with the distribution of farm produce is?​

Answers

Answer:

Farm tools and machinery. Agriculture engineering is a branch of agriculture that deals with use and maintenance of farm tools, machinery and structures. Marketing agricultural produce. Agriculture economics is a branch of agriculture which deals with the utilization of scarce resources.

Explanation:

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Featured snippet from the web
Horticulture. Horticulture is the branch of agriculture that deals with the art, science, technology, and business of vegetable garden plant growing (fruits, nuts, vegetables, herbs, seeds, and flowers).

Which of the following is true about the interest rate of a Direct PLUS Loan?

Answers

The interest rate is fixed is true about the interest rate of a Direct PLUS Loan.

Explanation:

The federal loans which can be used by college or technical graduates and parents of participating undergraduate students to find a way to pay for educational expenses is understood as Direct PLUS loans. Direct PLUS loans have a fixed rate mortgage and are not subsidized, meaning debt increases when the borrower is enrolled in school. It's usually known as a parent PLUS loan when it's provided to a teacher, and as a grade PLUS loan when it's rendered to a graduate student.

Answer:

the  interest rate is fixed

Explanation:

apex

Internet commerce has made shopping easier by providing a variety of products at very competitive prices. Transactions are hassle free: you
need only a home computer. With the increasing use of the Internet for purchases, Internet fraud and abuse cases are on the rise. Many
consumers are falling victim to identity theft (stealing one's personal information), credit card theft, and phishing. Since the attorney general is
charged with protecting consumers from such violations, what actions can the attorney general take to address this situation?
Present a bill in the House of Delegates proposing severe legal action against Internet fraud.
O
Advocate limited use of the Internet for online transactions.
Aggressively probe consumer complaints, and fight their cases.
Review relevant cyber laws, and make recommendations to improve them.

Answers

Review relevant cyber laws, and make recommendations to improve them.

Explanation:

Option 1: We can pass a bill in the "House of Delegates" to reduce or stop the internet fraud. Only if legal actions are taken, there is a chance to of reduction of fraud activities. But Option 4 seems to be very apt for the given situation.

Option 2: We cannot minimize the use of internet because, it is easy and also cost-effective though there are risks involved. So this option stands invalid

Option 3: Invalid option. Fighting cannot stop the crimes.

Option 4: Yes, cyber laws can be improved and make punishment severe to control cyber crimes.

Answer:

Aggressively probe consumer complaints, and fight their cases.

Review relevant cyber laws, and make recommendations to improve them.

Explanation: For Plato or Edmentum Users!

Lindsay needs to purchase a car. The car she is planning on purchasing costs $8,000 and she has $2,000 that she will be using as a down payment. She is offered credit terms of 3% APR for a term of 3 years. Please calculate the following:


To purchase the car, what is the amount that Lindsay will need finance? (1 point)
In one year, how much interest will Lindsay pay on this loan? (1 point)
After three years, in order for Lindsay to OWN the car, what will the actual cost of the car be in dollars? (3 points)
(down payment+amount financed+interest=actual cost of car)

Answers

Answer:

Lindsay will have to take a loan of 6000$, with annual interest after first year of 180$ and actual cost of the car equal to 8180$

Explanation:

Since Lindsay already has 2000$ as a down payment, which is initial up-front payment for purchases of expensive goods, like car or a house, she would need only 6000$ more in form of the loan. Since the annual interest rate is 3%, after one year her annual interest in absolute value would be 6000*0.03= 180$. Therefore, total cost for purchasing of a car is 2000+6000+180=8180$

Why do people sometimes use credit to pay for items instead of just using cash?

Answers

So they don’t have to carry money around
Final answer:

People use credit to pay for items because of its convenience, versatility, and because it can serve as a deferred payment system. However, it can lead to high interest costs that exceed any gains from savings accounts.

Explanation:

People sometimes use credit to pay for items for various reasons. For instance, credit cards, debit cards, and smart cards are all different ways to move money when you make a purchase, offering convenience and ease of use. The use of these payment systems does not necessarily change the quantity of money in the economy, as having more credit cards or debit cards does not mean one has more money – it's similar to how printing more checks doesn't increase the amount of money in your checking account.

Credit can also serve as a standard of deferred payment, allowing individuals to make purchases today that they will pay off in the future. Additionally, it can sometimes be easier to access the money from credit for transactions than to physically remove money from a savings deposit bank account, which often needs you to make a trip to the bank, or to an automatic teller machine.

However, there are downsides to using credit. For example, a person might carry a credit card debt, resulting in high interest costs that can exceed any gains from a savings account. As such, it's important to understand the advantages and disadvantages associated with credit before using it to pay for items.

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notion of sustainable work practise

Answers

Answer:

In order to create sustainable work practices, companies have to:

- Make sure that they provide value for the customers.

They had to make the customers feel that spending their money to purchase company's goods or services is totally worth it. Companies shouldn't trick customers with misleading advertising or putting materials that can harm the customers

- Make sure that the company treat their employees well.

This include things such as paying them fairly and giving the employees with the opportunity to balance their work and personal life.

Without this, employees wouldnt' stay in the company for long and they have to spend unnecessary expense to train new employees.

- Make sure that the company's practice do not destroy the environment

Company exist in the same environment as the customers. Damaging the environment will create negative situations for the customers around them. Not doing this could damage company's reputation and hurt its sales.

what are some risks and how do you plan to reduce or eliminate them when having a business​

Answers

Explanation:

1. Buy insurance: Though insurance is an expenses, it safe guards you and yours business from huge loss.

2. Income from multiple sources: Always do not depend on single income. Make sure that income comes from multiple sources so that you can make your business alive.

3. Have a savings: Entrepreneurs should save money as how much as they can. We cannot know when there will be a profit and when there is a loss. We can only forecast to a particular extent.

4. Limits on Loan: Keep your loans manageable: Do not step into huge loans where it will be difficult for you to manage when there is a sudden lose.

A car was purchased for $4500 down and payments of $375 at the end of each month for 5 years. Interest is 9.72% compounded monthly. What was the purchase price of the car?

Answers

Answer:

$21,080.2

Explanation:

The price of the car will be the down-payment plus the future value of 375 paid each month for 5 years compounded monthly at 9.72%.

The formula for calculating future value is

PV = P ×  1 − (1+r)−n

  r

PV is $350

r is 9.72 % or 0.0972 % per year or 0.0081

t is five year or 60 months

FV = 350 x (1-(1+0.0081)-60

  0.0081

Fv =350 x 1-0.61628715419

  0.0081

FV =350 x( 0.38371284581/0.00810

FV =350 x 47.371956

FV =16,580.20

The value of the car = $4500 + 16,580.20

=$21,080.2

the reasonable woman standard recognized that women have different ideas rhan men of what constitutes appropriate behavior. what are the implications of this disrinction? do you think it is a good or bad idea to make this distinction?​

Answers

Solution:

The implications might be that men act in a particular way but the behavior of the woman might be the different which may create a problem. The variation in this behavior of males and females might persuade the organizations to educate both males and females regarding the way they both see the different behavior.

There would be no issue if both the males and females work cordially together at the work place. Though this differentiation leads to many complications, this might be considered as a good thing as every human being is different and unique in the terms of ideas.

Which of the fallowing is a liability ?

Answers

Answer:

Liabilities are defined as a company's legal financial debts or obligations that arise during the course of business operations.

Explanation:

What steps do SERM companies take to ensure that the customers leave with more than an experience?

Answers

Answer:

1. Understand your customers

2. Create familiarity through more ways to engage

3. Create a common enemy

Which ideas are supported by details or evidence from this passage?

A) Sacramento is currently one of the most prosperous areas of California.
B) The Californian coast has an amazing wealth of natural sites and resources.
C) Transportation in the Sacramento Valley underwent an evolution from necessity.
D) The valley's climate necessitated transportation that could withstand inclement weather.

Answers

Answer:

C. Transportation in the Sacramento Valley underwent an evolution from necessity.

Explanation:

i did it on Usatestprep

Answer:

Transportation in the Sacramento Valley underwent an evolution from necessity.

Explanation:

USATP Interim/Quiz Answer

Macro Economics help

Answers

Macro Economics help is the following

Explanation:

1.Macroeconomics studies the short run and long run effects on GDP and GNP to analyze how efficient the economy is behaving.

2.Macroeconomics Help

AD-AS Model. Aggregate Demand. Aggregate Labor Supply. Aggregate Production Function. Aggregate Savings. Aggregate Supply. Asset Market Equilibrium. Bond Pricing and Yields.

3.Economic growth – positive and sustainable growth (The UK, long-run trend rate is around 2.5%)

Low inflation (UK target 2% +/-1) –

Low unemployment / Full employment (e.g. around 3%)

Current account – balance of payments. Satisfactory position (i.e. avoid unsustainable current account deficit)

Low government borrowing/public sector debt.

Exchange rate stability

The five restaurants in your town have monthly rent costs of: $6,350, $5,745, $11,870, $15,255, & $26,432. What is the mean monthly rental cost?

Answers

Answer:

$13,130.4

Explanation:

Mean is a measure of average. It is used to calculate the average of a given set of data.

Mean = Sum of Terms/Number of Terms

Monthly Mean Rental Cost = Total rental cost / Number of rents

= ($6,350 + $5,745 + $11,870 + $15,255, + $26,432)/5

= $65652/5

=$13,130.4

Answer:

The five restaurants in your town have monthly rent costs of: $6,350, $5,745, $11,870, $15,255, & $26,432. What is the mean monthly rental cost?

Mean = ∈fx/x

Mean= 6350+5745+11870+15255+26432/5

Mean= $13130.4

Explanation:

Gross wage refers to the wage an employee earns before deductions are subtracted.
True
False?

Answers

Answer:

True

Explanation:

Gross wage is the pay before adjusting for taxes and other deductions. The term gross means before deductions. For example, when calculating profits, gross profits means the earnings before deducting expenses.

Net wages contrast gross wages. While gross wages do not include deductions, net wages is the income after adjusting for all deductions.  Calculating the gross wage will include involves adding basic pay and other earnings such as commissions, allowances, and bonuses.

what payroll deductions might change depending on the state you live in

Answers

State and local taxes

Today most state corporate statutes are at least partially based on the .

Answers

Today most state corporate statutes are at least partially based on the revised model business corporation act.

Explanation:

A fundamental gathering of legislation drawn up by the American Bar Association's Business Law Section's Committee on Corporate Laws and adopted by twenty-four states is understood as a MBCA or Model Business Corporation Act. It has shaped the forming of U.S. corporate law principles.

MBCA's expanded adoption added considerable clarification to several ambiguity and other problems related to corporate law. The New Model Business Corporation Act (RMBCA), a updated version of the MBCA, now governs most states.

What is the expansionary fiscal policy of the government?

A. when the government’s expenditure exceeds its revenue
B. when the government’s revenue exceeds its expenditure
C. when the government increases the interest rate
D. when the government decreases the interest rate

Answers

Answer:

D. when the government decreases the interest rate

Explanation:

Fiscal policy can be defined as the use of taxes, government spending and transfers to stabilize an economy. Expansionary fiscal policy of the government  is when the government of a country decreases its taxes and increases its expenditure.  the word "fiscal" refers to tax revenue and government spending.

when the government reduces its interest rates, consumers pay less interest, they have more money to spend and there will be drastic effect to that because there will be more spending in the  economy. businesses also benefits from this decreased interest as they will be motivated to buy equipment and obtain loan to boost their businesses and pay less interest.


9) In a free market economy, the market clearing (equilibrium) price in the above table would be:
A) $1.
B) $3.
C) $4.
D) $5.
10) According to the above table, a surplus exists when
A) the price is $1 per unit.
B) the price is $2 per unit.
C) the price is $3 per unit.
D) the price is greater than $3 per unit.

Answers

Answer:

B) $3

Explanation:

A restaurant supply store is trying to determine how many boxes of a certain commonly used item to order. They estimate that that the demand for the item averages 30 boxes per week. The ordering cost is $10 per order and it costs $20 to hold one box in inventory for one year. The lead time for orders is always 1.5 weeks and inventory is managed with a continuous review policy. Show all your work for all parts.

(8 pts.) a) Determine the economic order quantity (that is, how many boxes they should order to minimize their cost) and the corresponding total annual cost.

(4 pts.) b) Calculate the reorder point and state when they should place an order.


(6 pts.) c) Suppose the store orders every two weeks (rather than your answer to part a). How large is an order on average and what is the total annual cost? How much more does this cost than using the best order size?

Answers

Answer:

Part a:

EOQ = 40 units

Part b:

Re-order point = 45

Place an order when inventory falls to 45 units.

Part c:

Annual cost= Q*H/2+ D*S/Q = $861

The difference in cost= 861- 791 = $70 more than best order size.

Calculate the reorder point and state when they should place an order.

Explanation:

Demand per week = 30 boxes

Weeks per year = 52

Annual demand = Demand per week × Weeks per year

Annual demand = 30 boxes × 52 weeks

Annual demand = 1,560 boxes per year

Task a:

Determine the economic order quantity (that is, how many boxes they should order to minimize their cost) and the corresponding total annual cost.

Part 1: Economic Order quantity

EOQ = [tex]\sqrt \frac{2CoD}{Ch}[/tex]

Where Co = Ordering cost = $10

D = Annual demand = 1,560

Ch = Holding cost = $20

EOQ = [tex]\sqrt \frac{2(10)(1,560)}{20}[/tex]

EOQ = 39.49 units = 40 units

Part 2: Total annual cost at EOQ level:

At Economic Order Quantity (EOQ), the total annual ordering cost and holding cost are all equal:

Annual ordering cost = (Annual demand × Ordering cost per order ) ÷ EOQ

Annual ordering cost = (1,560 × $10) ÷ 40

Annual ordering cost = $390

Annual holding cost = ((1,560 × 20)/40) ÷ 2

Annual holding cost = $390

Part b:

Calculate the reorder point and state when they should place an order.

Part 1: Re-order point

Re-order point = (Annual demand÷week)×lead time

Re-order point = (1,560 ÷ 52) × 1.5

Re-order point = 45

Part 2: When they should place an order.

Place an order when inventory falls to 45 units.

Part c

Suppose the store orders every two weeks (rather than your answer to part a). How large is an order on average and what is the total annual cost? How much more does this cost than using the best order size?

Order size= 30 per week* 2weeks= 60 units

Annual cost= Q*H/2+ D*S/Q = $861

The difference in cost= 861- 791 = $70 more than best order size.

2. Are there any true communist economies today? Which economies call themselves communist, and

what are they actually, if not communist?

Answers

Answer:People's Republic of China

Democratic People's Republic of Korea (North Korea)

Socialist Republic of Vietnam

Lao People's Democratic Republic (Laos)

Republic of Cuba

Explanation:

Why would a broker or agent need to do a title search on a piece of property that is being sold?

Answers

Answer:

A title search is done to insure that there are no leans are owed on the property.  Its to insure that the property is clean of any debt.

Think of buying a car. Cars have titles (clean, rebuilt, salvage, some others that are irrelevant to ramble on about), and when you’re buying a car, typically you’ll want a clean title. It’s the same here (just real estate titles are not labeled the same). You don’t want to purchase property where legal signatures are invalid on some documents.

an organization is gathering, recording, and analyzing data about its target market. this activity is known as

Answers

Marketing research deals with gathering, recording and analyzing data about its target market.

Explanation:

A research will be conducted with the direct customer for releasing a new product or new version of the product.This is the systematic way of collecting dataThis helps entrepreneurs to make decisionIt is the study of market design in tandem with the acceptance in the marketHelps the business man to better identify the market opportunitiesAlso it is possible to learn market strategies from the research.

What is capitol gain?

Answers

Explanation:

It is the amount of profit gained by the organization by selling the stock, bond or other real estates.If the value of selling price is higher than the cost price then it means that the capital gain is achieved.The gain amount is calculated by subtracting the higher selling price with the lowest cost priceExample of capital assets are: mutual fund, stock, house, land, etcIf you achieve a capital gain, then you need to pay tax for it.

Capital gain refers to the profit made from selling an asset for more than its purchase price. It is applicable to a variety of assets such as real estate, stocks, and bonds. Capital gains can be short-term or long-term, depending on the holding period of the asset.

A capital gain is realized when an asset is sold at a price higher than its original purchase price. It applies to various types of assets including real estate, stocks, bonds, and collectibles. There are two types of capital gains: short-term and long-term.

Short-term capital gain: Earned from the sale of an asset held for one year or less and typically taxed at ordinary income tax rates.Long-term capital gain: Earned from the sale of an asset held for more than one year and is usually taxed at a lower rate compared to short-term capital gains.

Capital gains are crucial for investors as they significantly impact investment decisions and tax planning. Proper understanding of capital gains can aid in optimizing after-tax returns on investments.

When creating a budget, you should use...


Gross pay because you should include all of your income when making a budget.


Net pay because it is the only value provided on your pay stub.


Gross pay because it takes into account any deductions to your income.


Net pay because it takes into account any deductions to you income.

Answers

Answer:

The correct answer is letter "D": Net pay because it takes into account any deductions to you income.

Explanation:

Individuals' budgets must be based on their net income. Calculating their net income implies subtracting federal taxes from the gross income of employees' pay stubs. The amount represents the money that will be sent to the workers' bank account or their checks which means that amount is what they will have in their pockets.

Final answer:

When creating a budget, it is recommended to use net pay because it reflects the amount of money you will have available for expenses and savings.

Explanation:

When creating a budget, it is recommended to use net pay because it takes into account any deductions to your income. Net pay is the amount you receive after taxes, contributions, and other deductions have been taken out. Gross pay, on the other hand, is the total amount of money you earn before any deductions.

Using net pay allows you to have a more accurate representation of the amount of money you have available for expenses and savings. It reflects the actual amount of money you will have in your bank account.

Here's an example:

Your gross pay is $2,500 per month, but after taxes, insurance, and retirement contributions, your net pay is $2,000. When creating your budget, it is important to base it on your net pay of $2,000, as this represents the actual income available to you.

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A free body diagram of a brick on an inclined plane is shown below. What is the mechanical advantage of the inclined plane? Marriages are likely to be homogamousbecause people mostly find their significant other in the same circles that they most likely hang out in. For example, at a job, college, outing, living location, department stores, grocery stores, or even the country they live in, place of worship, mutual friends or family members introducing, family and friend gatherings. Also most people tend to seek people with similarbackgrounds because it makes them feel at home and comfortable, they are familiar with the traits of a certain culture, religion, society, and ethnicity. It helps them to be better connected and social with their: Which of the following statements accurately contrasts the roles of womenduring World War II in the United States and in the Soviet Union?A. Women in the Soviet Union were prevented from working outsidethe home, while women in the United States were expected towork in factories to fill roles men had left.B. Women in the Soviet Union helped undermine the Germanoccupation, while women in the United States took part directly incombat.C. Women in the Soviet Union served directly in combat, whilewomen in the United States served primarily in support positions.D. Women in the Soviet Union worked on farms and in mines, whilewomen in the United States worked in shipyards and factories. The enzyme phosphofructokinase catalyzes the conversion of fructose-6-phosphate and adenosine triphosphate (ATP) to fructose 1,6-bisphosphate and adenosine diphosphate (ADP). Adenosine monophosphate (AMP) activates the enzyme phosphofructokinase (PFK) by binding at a site distinct from the substrate-binding site. This is an example of:__________. 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