Assume the following sales data for a company: 2015 $1,200,000 2014 960,000 2013 840,000 2012 600,000...
Assume the following sales data for a company:
| 2015 | $1,200,000 | ||||||||||||
| 2014 | 960,000 | ||||||||||||
| 2013 | 840,000 | ||||||||||||
| 2012 | 600,000 | ||||||||||||
Knowledge Check 02
If 2012 is the base year, what is the percentage increase in sales from 2012 to 2014?
Homework Answers
Answer:
Percentage Increase from 2012 to 2014 = (Sale of 2014 – Sale of
2012) / Sale of 2012
Percentage Increase from 2012 to 2014 = ($960,000 - $600,000) /
$600,000
Percentage Increase from 2012 to 2014 = $360,000 / $600,000
Percentage Increase from 2012 to 2014 = 0.6 or 60%
Add Answer to:
Assume the following
sales data for a company:
2015
$1,200,000
2014
960,000
2013
840,000
2012
600,000...
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Suppose a firm has had the following historic sales figures. Year: 2012 2013 2014 2015 2016...
Suppose a firm has had the following historic sales figures. Year: 2012 2013 2014 2015 2016 Sales: $3,200,000 $$3,450,000 $3,100,000 $3,700,000 3,300,000 What would be the forecast for next year's sales using the average approach?
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Q.8 Attempts: Score: /3 8. Problems and Applications Q8 GDP Year 2011 2012 2013 2014 2015...
Q.8
Attempts: Score: /3 8. Problems and Applications Q8 GDP Year 2011 2012 2013 2014 2015 (Billions of current dollars) 15,517.9 16,155.3 16,663.2 17,348.1 17,942.9 (Billions of 2009 dollars) 15,020.6 15,354.6 15,583.3 15,961.7 16,345.0 Source: "National Economic Accounts."U.S. Bureau of Economic Analysis, The percentage change in nominal GDp from 2011 to 2012 was. The percentage change in real GDP from 2011 to 2012 wasY True or False: The percentage change in real GDP from 2011 to 2012 was higher than...
24) 2017 2016 2015 2014 2013 Sales $ 589,885 $ 388,082 $ 306,784 $ 214,534 $...
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2) Compute the non-controlling interest in Gargiulo's net income for 2012, 2013, and 2014. Gargiulo Company,...
2) Compute the non-controlling interest in Gargiulo's net income
for 2012, 2013, and 2014.
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6 2017 2013 2015 $711,344 $461,912 $365,148 $248,400 $180,0ee 2016 2014 Sales Cost of goods sold...
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Sales Cost of goods sold Accounts receivable 2017 2016 2015 2014 2013 $474,832 $314,458 $253,595 $180,495...
Sales Cost of goods sold Accounts receivable 2017 2016 2015 2014 2013 $474,832 $314,458 $253,595 $180,495 $133,700 230,319 152,490 125,076 88,388 64,176 23,029 18,301' 17,346 10,577 9,132 Compute trend percents for the above accounts, using 2013 as the base year. Trend Percent for Net Sales: Choose Denominator: Choose Numerator: Sales 2017: 2016: 2015: 2014: Trend Percent for Cost of Goods Sold: / Choose Denominator: Choose Numerator Cost of goods sold 2017: 2016: 2015: 2014 Trend Percent for Accounts Receivables: 1...
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Q.8
Attempts: Score: /3 8. Problems and Applications Q8 GDP Year 2011 2012 2013 2014 2015 (Billions of current dollars) 15,517.9 16,155.3 16,663.2 17,348.1 17,942.9 (Billions of 2009 dollars) 15,020.6 15,354.6 15,583.3 15,961.7 16,345.0 Source: "National Economic Accounts."U.S. Bureau of Economic Analysis, The percentage change in nominal GDp from 2011 to 2012 was. The percentage change in real GDP from 2011 to 2012 wasY True or False: The percentage change in real GDP from 2011 to 2012 was higher than...
2) Compute the non-controlling interest in Gargiulo's net income
for 2012, 2013, and 2014.
Gargiulo Company, a 90% owned subsidiary of Posito Corporation, sells inventory to Posito at a 25% profit on selling price. The following data are available pertaining to intra-entity purchases. Gargiulo was acquired on January 1, 2012. 2012 2013 2014 Purchases by Posito $8,000 $12,000 $15,000 Ending inventory on Posito's books 1,200 4,000 3,000 Assume the equity method is used. The following data are available pertaining to...
6 2017 2013 2015 $711,344 $461,912 $365,148 $248,400 $180,0ee 2016 2014 Sales Cost of goods sold 358,272 232,606 185,974 125,250 90,0 Accounts receivable 34,358 26,929 24,976 14,507 12, 312 10 Compute trend percents for the above accounts, using 2013 as the base year t Sales: , Choose Denominator: Sales 2017 Hint 2016 2015 2014 Choose Choose Denominator Cost of goods sold 2017 2016 2015 2014 2017 2016 2015 2014
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