1. Our sales are 3 times higher than last year. The combined two years sales are...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
1. Our sales are 3 times higher than last year. The combined two years sales are $18,000,000. What was last year's sales? What is this year's sales? 2. We are going to double number of employees every year within four years. At the end of four years we will have 450 employees. How many employees should we hire this year, year one? How many employees will we have in year three? 3. Josh sold three times more condos than Aaron. Combined they sold 12 condos in September. How many condos did Aaron sell? Josh? 4. Bryan and Dawn sell vacation packages. Bryan had four times the amount of sales than Dawn. The difference between their sales is $450,000. How much did Bryan sell? Dawn? 5. Matt and Rachel decided to put their savings together to start a new tattoo app. Combined, their investment was $375,000. Matt invested 1.5 times more than Rachel. How much did Rachel invest? Matt? 6. Due to the recession, next year people are expected to spend 35% less on eating out. Currently, sales at restaurant C is $5,000,000. What are expected sales next year? 7. Our sales has tripled year after year in the last three years. We are expected to reach $4.5 million this year. What was it three years ago, two years ago, last year? 1. Our sales are 3 times higher than last year. The combined two years sales are $18,000,000. What was last year's sales? What is this year's sales? 2. We are going to double number of employees every year within four years. At the end of four years we will have 450 employees. How many employees should we hire this year, year one? How many employees will we have in year three? 3. Josh sold three times more condos than Aaron. Combined they sold 12 condos in September. How many condos did Aaron sell? Josh? 4. Bryan and Dawn sell vacation packages. Bryan had four times the amount of sales than Dawn. The difference between their sales is $450,000. How much did Bryan sell? Dawn? 5. Matt and Rachel decided to put their savings together to start a new tattoo app. Combined, their investment was $375,000. Matt invested 1.5 times more than Rachel. How much did Rachel invest? Matt? 6. Due to the recession, next year people are expected to spend 35% less on eating out. Currently, sales at restaurant C is $5,000,000. What are expected sales next year? 7. Our sales has tripled year after year in the last three years. We are expected to reach $4.5 million this year. What was it three years ago, two years ago, last year?
Expert Answer:
Answer rating: 100% (QA)
1 Since we do not know last years sales lets assume they were amount This years sales are 3 times hi... View the full answer
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Posted Date:
Students also viewed these mathematics questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
A six-lane freeway (three lanes in each direction) in a scenic area has a measured free-flow speed of 88.5 km/h. The peak-hour factor is 0.80, and there are 8% large trucks and buses and 6%...
-
The measured binding energy of KCI is 4.43eV. From the result of Problem 1, estimate the contribution to the binding energy of the repelling electron clouds at the equilibrium distance r0 = 0.28nm.
-
When pressure-swing distillation works, it is often the method of choice for separating binary homogeneous azeotropes. Explain why.
-
How does an individual know if all cash transactions have been properly accounted for on the statement of cash flows?
-
Custom Vans, Inc., specializes in converting standard vans into campers. Depending on the amount of work and customizing to be done, the customizing can cost less than $1,000 to more than $5,000. In...
-
Los padres de una joven que cumplir pr ximamente 1 3 a os desean depositar en una cuenta, durante 3 a os , cierta cantidad de dinero al inicio de cada mes, comenzando el d a en que ella cumpla los 1...
-
Robert takes loan of $14k to buy a truck and seller is offering a uniform series of payment at 6.5% interest for 5 years. Calculate the monthly payment that Robert has to pay to buy that truck
-
As the Chief Executive Officer (CEO) of an international company, I have two data centers housing equipment worth $200,000 and $100,000 respectively. Both data centers, denoted, respectively, as...
-
. On a Mac, processes are listed on the CPU tab; on Windows, select the Processes tab. A process corresponds to a program. Any programs that are currently running put a load on the CPU. A. What is...
-
Bob received 5 cipher blocks Co. C1, C2, C3, C4 encrypted by CBC. When he tried to decrypt it to get Po, P1, P2, P3, P4, he accidentally used X instead of C2. Pick all the plaintext blocks that will...
-
Address the Pros and Cons pertaining to the viability, effectiveness, and fairness of each tax method? (must list 2 pros and cons for each) A. The governor is proposing a change to state's sales tax...
-
What was an effective part of the content of the speech? What was the most effective part of the delivery of the speech? How could content be improved? How could delivery be improved?
-
1. Refer to the array A shown in Figure I for subsequent computations. You may replace the letters with the corresponding numbers, e.g., A=1, Z=26 to solve this question. However, you must present...
-
Describe the International Monetary Fund. How do the Foreign Exchange Market and the International Monetary System relate and interact? Provide examples.
-
Integration is a vital concept when applied in one?s life. Integrating your life means making ideal choices. Perfect choices on the other go in line with quality decisions. Quality decisions lead to...
-
At the end of Year 5, Experian Information Solutions, Inc. (Experian), has total assets of $555,443, long-term debt of $1,839, and common equity at book value of $402,759 (amounts in thousands)....
-
A firm has experienced an increasing current ratio but a decreasing operating cash flow to current liabilities ratio during the last three years. What is the likely explanation for these results?
-
Firms often enter into transactions that are peripheral to their core operations but generate gains and losses that must be reported on the income statement. A gain labeled peripheral by one firm may...
-
Create a statement of cash flow for the Arrow Company for the years ended December 31, 2014 and December 31, 2015 from the balance sheets and income statement created in problem P1.32 from Chapter 1....
-
Recent financial statements for The Hoechst Group, a German conglomerate with operations in agriculture, chemicals, pharmaceuticals, and veterinary products are pre- ver sented as follows: The...
-
The 2015 annual report of The Procter & Gamble Company (P&G) is available at www.pginvestor.com. After reviewing P&Gs annual report, respond to the following questions: a. P&Gs 2015 statement of cash...
Study smarter with the SolutionInn App