Between 1950 and 2000, global meat production increased from 52 kilograms. What was the percent change during that time perind?
Q: Suppose that the profit for firms that are already present in an industry is $200, the cost of entry…
A: As new enterprises enter the market, prices decrease, and profits fall, the supply curve shifts to…
Q: In 2013 selected automobiles had an average cost of $16,000. The average cost of those same…
A: Cost in year 2013 = C2013 = $ 16,000Cost now = Cost in year 2019 = C2019 = $ 20,000Number of years…
Q: The fox population in a certain region has an annual growth rate of 7 percent per year. It is…
A: This can be treated as a growing function of money where money is growing by a certain % each year.…
Q: Items purchased from a vendor cost $20 each, and the forecast for next year’s demand is 1,000 units.…
A: Given: Demand = 1,000 units Ordering cost = $5 per unit Storage cost = $4 per unit
Q: Which of the following is a question that might be answered by an MIS system? What are employment…
A: The correct answer for the above mentioned question is given in the following steps for your…
Q: A company has international sales with 90 da erm. Their Inventory turnover period is 30 days. What…
A: The days sales in inventory is that accounting ratio which shows that how much time the…
Q: If a company's sales are growing at a rate of 20% annually, how long will it takes sales to double?
A: Future Value = Present Value * (1+r)^n let PV =1, than FV be 2
Q: The price of crude oil during the period 2000-2010 can be approximated by P(t) = 6t + 18 dollars per…
A: The total revenue that can be generated during the year can be expressed as a function that is…
Q: How many orders per year do they place if they order at double their EOQ quantity?
A: EOQ = sqaure root of (2*A*O/C) A= annual consumption =6600 O = 5 C= 40
Q: The annual demand for imported oranges is given by the following equation: QD= 600,000-30,000P…
A: Demand = Qd = 600000 - 30000P Supply = Qs = 30000P P = Price per Kg
Q: Suppose we want to compute the four-quarter moving average of Company ABC’s sales as of the…
A: In finance we often use the concept of moving averages to predict and forecast sales of future…
Q: For its most recent fiscal year, a firm reported that its contribution margin was equal to 40…
A: The question is based on the concept of Cost Accounting.
Q: The average price of gasoline may reach $5.00 per gallon in some parts of the U.S. by next month.…
A:
Q: Tacomas population in 2000 was about 200 thousand, and has been growing by about 8% each year. If…
A: FV = PV * (1 + r)^nWhere FV = Future ValuePV = Present Value = 200,000r = rate of grow = 8%n =…
Q: The cost of grocery will increase $12% per year starting 3 from now and will continue until year 10.…
A: Present worth is calculated by discounting the future cash flows using the discount rate. Present…
Q: If the quantity of bread rises 2 percent when the price of bread declines 10 percent, then the price…
A: Elasticity of demand: Elasticity is the degree of the responsiveness from the part of the consumer…
Q: On the average, a company has a work-in-process lead time of 10 weeks and annual cost of goods sold…
A: Work in process (WIP), work in advance (WIP), merchandise in preparation, or in-process stock are a…
Q: A small business spent $125,000 for raw material during 2020. It anticipates the cost of raw…
A: The Present value of an amount is the present worth of a future amount to be received. The future…
Q: A project that increased sales was accompanied by $60,000 increase in inventory, a $25,000 increase…
A: Net working capital is the difference between companies current asset and current liability, it is…
Q: if a company's sales are growing at a rate of 10% annually, how long will i take sales to double
A: The above information indicates that sales of the company are growing and the approximate year it…
Q: During the current year, the net sales of Ridgeway, Inc., were 10 percent below last year’s level.…
A:
Q: The market share of the United Marines main product increased 4 percentage points last year if the…
A: Percentage points is the difference between the two percentages. Percentage point is used to show…
Q: Determine the market potential for a product that has 20 million prospective buyers who purchase an…
A: Given that: Prospective buyers = 20 million Per buyer = 2 items per year Price = €50
Q: n a recent year, wind machines in a country generated 185.7 billion kWh of electricity, enough to…
A: To calculate the percent of energy production generated by wind machines, from 185.7 billion kWh by…
Q: the effect of the unit price factor on the change in sales is a:
A: Given is: Current year sales = 10699 units @$18 each = $192,582 Planned Sales = 12452 units @$12…
Q: A) What is the EOQ? B) If they order 1000 at a time, what are total ordering and holding costs per…
A: Hi There, thanks for posting the question. But as per Q&A guidelines, we must answer the first…
Q: The cost of a material was $2.00 per ounce 5 years ago. If prices have increased (inflated) at an…
A: Given information is: The cost of a material was $2.00 per ounce 5 years ago. If prices have…
Q: What was Laraby Company's breakeven point in units last year? How many units of product would Laraby…
A:
Q: A waste storage tacility initially had 5 tonnes of waste. Over time the amount of waste stored grew…
A: given, pv = 5 ton fv= 9 ton n = 15 years
Q: The company produced and sold 178,000 units forb$15 each last year. The company believes that the…
A: Formulas: New sales revenue = Increased in production *Decrease in price
Q: The president expects sales to increase by 20% next year. By wha peso amount should net operating…
A: As per the guidelines, only one question is allowed to be solved. Please resubmit the questions…
Q: The price of computers has been dropping steadily for the past ten years. If a desktop PC cost…
A:
Q: JBL expects to sell 7,000 units of wireless earbuds this year at P7,199.00 each. What is the…
A: The process of sale is not directly selling the goods into the market. It includes purchasing of raw…
Q: $1,300 increase by 40% and $ 2,600 dropped by 10% , by what percent did the total value of…
A: Investment refers to the amount used to purchase assets having fluctuating monetary for which…
Q: With an assumption that the volatility of Waste Management (WM) is 1.86% per day, corresponding to…
A: Formula Voltality weekly = square root of week days * daily voltality
Q: Oil consumption is increasing at a rate of 2.3% per year. By what factor will oil consumption…
A:
Q: then sales in units last year were
A: The Difference between absorpotion costing and Variable costing is that Variable considers complete…
Q: Suppose the production function in an economy is Y = KU.LU.S, where K is the amount of capital and L…
A: Given: Y=K0.5L0.5 Where, K is the amount of capital. L is the amount of labor. There are 25 and 9…
Q: Baker Oats had an asset turnover of 1.8 times per year. If the return on total assets…
A: Return on assets = Profit margin x Asset turnover ratio Profit margin = Return on assets/Asset…
Q: If a company's sales are growing at a rate of 20% annually, how long will it take sales to double?
A: Present Value refers to the value of cash flows today which is to be received at some future time…
Q: Last year, Garrison Manufacturing sold 500 000 units at $4 each. Sales volume is expected to…
A: Formula used: Sales revenue = Sales units x Sales price per unit.
Q: Automobiles had an average cost of $16,000 in 2013. Average cost of the same automobiles now is…
A: Calculation of rate of increase for the automobiles between 2 time period: Rate of increase for the…
Q: In October 2017 a pound of apples cost $1.61, while oranges cost $1.25. Two years earlier the price…
A: “Hey, since your question has multiple sub-parts, we will solve first three sub-parts for you. If…
Q: A business has the capacity to manufacture 720 electronic components per annum that it sells for…
A: Cost sheet is the pro forma of estimating number of units of sales, sales value and other costs…
Q: Footware manufacturing is projected to decrease output by 8.4% from 2006 to 2016. If footware…
A: A study that proves that the future worth of the money is lower than its current value due to…
Solution
Concept
Percent change during a period
Mathematically
=(ending value – beginning value ) / beginning value * 100
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- If the annual cost of goods sold is $30,000,000 and the average inventory is$5,000,000,a. What is the inventory turns ratio?b. What would be the reduction in average inventory if, through better materialsmanagement, inventory turns were increased to 10 times per year?c. If the cost of carrying inventory is 25% of the average inventory, what is the annual savings?The market share of the United Marines main product increased 4 percentage points last year if the share changed from 10 to 14 percent of the total market what was the actual percent increase in the market share?The fox population in a certain region has an annual growth rate of 7 percent per year. It is estimated that the population in the year 2000 was 29700.(a) Find a function that models the population tt years after 2000 (t=0t=0 for 2000). Your answer is P(t)=P(t)= (b) Use the function from part (a) to estimate the fox population in the year 2008. Your answer is (the answer should be an integer)
- During the Post-WWII “Baby Boom” from 1946-1970, US GDP grew by an annualized _____ per year; in annualized percentage terms this is most likely the largest 25-year period of economic growth ever. (a) 2.3% (b) 3.2% (c) 6.7% (d) 7.6% (e) 9.2%$1,300 increase by 40% and $ 2,600 dropped by 10% , by what percent did the total value of investment change?During year 1, the sales and Cost of goods sold were GHS 6,00,000 and GHS 4,30,000 respectively. Next year, the sales are expected to increase by 10%. The Cost of goods sold for next year would be
- a. In 2000, the population of a country was approximately 5.76 million and by 2050 it is projected to grow to 10 million. Use the exponential growth model A=A0ekt, in which t is the number of years after 2000 and A0 is in millions, to find an exponential growth function that models the data. b. By which year will the population be 11 million?The demand for a product during the next ten years will be such that revenues will be $100,000 the first year and will increase by $10,000 each year thereafter. If inflation is assumed to be 6% per yuear and the company uses 10% in its economic studies, what is the present worth of the revenues expressed in present dollars?F The average annual pay for truckers P in a certain country (in thousands of dollars) can be approximated by the following function, where x represents the number of years since 2000. P=0.369x² -7.26x+78.6 (6 ≤x≤16) Assuming the trend continues, find the first full year when annual pay recovered to be above $50 thousand. The first full year when annual pay recovered to be above $50 thousand is
- Most economies have a goal of maximizing the average consumption per period. Assume that during each year, an economy saves the same (to be determined) percentage S of its production. During a year in which the beginning capital level is K, a quantity K1y2 of capital is produced. If the economy saves a percentage S of its capital, then during the current year it consumes (1 2 S)K units of capital and, through savings, adds (SK) 1y2 units of capital. Also, during any year, 10% of all capital present at the beginning of the year depreciates or wears out. a. What annual savings percentage S maximizes the long-run average consumption level? Assume that year 50 represents the long run, so that the objective is the consumption level in year 50. You can assume the initial capital is 1 (for some appropriate measurement unit). b. Use SolverTable to see how the optimal value of S depends on the annual depreciation rate.The annual demand for imported oranges is given by the following equation: QD= 600,000-30,000P where ? is the price per kilogram and ?? is the quantity of kilograms demanded per year. The supply of imported oranges is given by the equation: QS= 30,000P a) Solve for the equilibrium annual quantity and price of imported oranges.Sales are $2.6 million in 2020, $2.7 million in 2021, and $2.5 million in 2022. What is the percentage change from 2020 to 2021? What is the percentage change from 2021 to 2022? Be sure to indicate whether the percentage change is an increase or a decrease.
