Marcia Almeida works as a sales analyst for a toy manufacturer. She predicts that toy sales will decrease by 5% from May to June. If the amount of the sales decrease is $175,000, what level of sales is she predict- ng for June?
Marcia Almeida works as a sales analyst for a toy manufacturer. She predicts that toy sales will decrease by 5% from May to June. If the amount of the sales decrease is $175,000, what level of sales is she predict- ng for June?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Solve the following problem. Round dollar amounts to the nearest cent. Round other amounts to the nearest tenth. Write rates as percents to the nearest tenth of a percent.
Transcribed Image Text:Marcia Almeida works as a sales analyst for a toy manufacturer. She predicts that toy
sales will decrease
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by 5% from May to June. If the amount of the sales decrease is $175.000, what level of sales is she predict-
ing for June?
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