The sale of a company rose from $ 60,000 in the month of August to $ 69,000 in the month of September. The seasonal indices for these two months are 105 and 140 respectively. The owner of the company was not at all satisfied with the rise of sales in the month of September by $ 9,000. He expected much more because of the seasonal index for that month. What was his estimate of sales for the month of September?
The sale of a company rose from $ 60,000 in the month of August to $ 69,000 in the month of September. The seasonal indices for these two months are 105 and 140 respectively. The owner of the company was not at all satisfied with the rise of sales in the month of September by $ 9,000. He expected much more because of the seasonal index for that month. What was his estimate of sales for the month of September?
Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section3.1: Use A Problem-solving Strategy
Problem 3.22TI: U.S. Census data shows that the median price of new home in the United States in November 2014 was...
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