ASSIGNMENT 1 Answer all the questions: Q1. A company launched business App. For smart mobile phones, the users who installed the app. in 2014 were 142000 users, and they increase by succeeding year. a) Determine the number of users in the b) If the company gains on average annual revenue of OMR 20 per user, what is the total revenue gained until the end of the year 2020? 10% each year 2019.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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ASSIGNMENT 1
Answer all the questions:
Q1.
A company launched business App. For smart mobile
phones, the users who installed the app. in 2014 were
142000 users, and they increase by 10% each
succeeding year.
a) Determine the number of users in the
b) If the company gains on average annual revenue of
OMR 20 per user, what is the total revenue gained until
the end of the year 2020?
year
2019.
Transcribed Image Text:ASSIGNMENT 1 Answer all the questions: Q1. A company launched business App. For smart mobile phones, the users who installed the app. in 2014 were 142000 users, and they increase by 10% each succeeding year. a) Determine the number of users in the b) If the company gains on average annual revenue of OMR 20 per user, what is the total revenue gained until the end of the year 2020? year 2019.
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