Explanation Given Information: The sales increases from $ 23 , 583 , 000 for the third quarter to the $ 38 , 792 , 000 for the fourth quarter. Formula used: The amount of increase when the new amount is larger than the beginning amount is computed as: Amount of increase = New amount − Beginning amount The percentage formula to compute the rate of increase or decrease is, R = P B Here P is the amount of change (increase or decrease) and B is the original amount. Calculation: Consider the original sales ( B ) was $ 23 , 583 , 000 and the new sales is $ 38 , 792 , 000

11th Edition

ISBN: 8220103632072

Author: NOBLE

Publisher: Pearson Education (US)

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Chapter 6.3, Problem 3-1SC

To determine

To calculate: The percent of increase in profit when Chris Lomas reported that the sales increases from $23,583,000 for the third quarter to $38,792,000 for the fourth quarter. Round the answer to the nearest tenth of a percent.

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Chapter 6.3, Problem 2-7SC

Chapter 6.3, Problem 3-2SC

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The percent of increase in profit when Chris Lomas reported that the sales increases from $ 23 , 583 , 000 for the third quarter to $ 38 , 792 , 000 for the fourth quarter. Round the answer to the nearest tenth of a percent.

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To calculate: The percent of increase in profit when Chris Lomas reported that the sales increases from $23,583,000 for the third quarter to $38,792,000 for the fourth quarter. Round the answer to the nearest tenth of a percent.

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Chapter 6 Solutions