Sawyer Corporation's 2015 sales were $9 million. Its 2010 sales were $4.5 million. At what rate have sales been growing? Round your answer to two decimal places
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Sawyer Corporation's 2015 sales were $9 million. Its 2010 sales were $4.5 million.
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At what rate have sales been growing? Round your answer to two decimal places.
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- Sawyer Corporation's 2018 sales were $5 million. Its 2013 sales were $2.5 million. a. At what rate have sales been growing? Round your answer to two decimal places. 14.87 % 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 the statement correct? The statement is incorrect because there are 6 years of sales growth between 2013 and 2018.Xenix Corp had sales of $353,866 in 2017. If management expects its sales to be $476,450 in 3 years, what is the rate at which the company's sales are expected to grow? (If you solve this problem with algebra round intermediate calculations to 4 decimal places, in all cases round your final answer to 2 decimal places, e.g. 8.72%.) Growth rate %Sawyer Corporation's 2017 sales were $5 million. Its 2012 sales were $2.5 million. a. At what rate have sales been growing? Round your answer to two decimal places. 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 the statement correct? -Select-
- Sunland Corp had sales of $389,000 in 2017. If management expects its sales to be $476,450 in 4 years, what is the rate at which the company’s sales are expected to grow? (If you solve this problem with algebra round intermediate calculations to 4 decimal places, in all cases round your final answer to 2 decimal places, e.g. 8.72%.) Growth rate %Crane Corp had sales of $322,000 in 2017. If management expects its sales to be $476,450 in 3 years, what is the annual rate at which the company's sales are expected to grow? (Round intermediate calculations to 4 decimal places, e.g. 2.5125 and final answer to 2 decimal places, e.g. 2,515.25.) Annual growth rate %Thomson Trucking has $15 billion in assets, and its tax rate is 25%. Its basic earning power (BEP) ratio is 18%, and its return on assets (ROA) is 6.25%. What is its times-interest-earned (TIE) ratio? Round your answer to two decimal places. X
- In 2007, Amazon reported total revenue of $14.8 billion. Ten years later it generated $177.9 billion in revenue. What was the compound annual growth rate in revenue from 2007 to 2017?Assume the following. In 2008, the U.S. had real GDP of $16.6 trillion and the CPI was at 90.72. At the end of 2018, real GDP in the U.S. was $20.4 trillion and the CPI was at 104.42. Calculate the compounded (i.e., geometric) growth rate for this 10-year period. (Use Excel to answer this question. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Real GDP Annualized Growth % CPI Annualized %Sawyer Corporation’s 2017 sales were $5 million. Its 2012 sales were$2.5 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 the statement correct?
- Thomson Trucking has $15 billion in assets, and its tax rate is 25%. Its basic earning power (BEP) ratio is 18%, and its return on assets (ROA) is 6.25%. What is its times-interest-earned (TIE) ratio? Round your answer to two decimal places.Villareal's nominal GDP increased from $1275 billion to $159 billion last year. During the year, its economy experienced infiation, with its price index increasing from 102 to 106, while the number of persons employed increased from 15 million to 16 million By what percentage did its labour productivity increase during the year? Labour productivity increased by 1%. Round your answer to 2 decimal placesMillat Corporation’s 2016 sales were 12 million. Its 2015 sales were 6 million.a. At what rate have sales been growing?b. Suppose someone made this statement: “Sales doubled in 5 years. This representsgrowth of 100% in 5 years; so dividing 100% by 5, we find the growth rate to be20% per year.” Is that statement correct?