e e e 24-15. The sales of a company rose from Rs. 40,000 in March to Rs. 48,000 in April 2002. The company 's seasonal indices for these two months are 105 and 140 respectively. The owner of the company expressed dissatisfactìon with the April sales, but the Sales Manager said that he was quite pleased with the Rs. 8,000 increase. What argument should the owner of the company have used to reply to the Sales Manager? The Sales Manager also predicted on the basis of the April sales that the total 2002 sales were going to be Rs. 5,76,000. Criticise the Sales Manager's estimate and explain how the estimate of Rs. 4,11,009 may be arrived at.

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter2: Working With Real Numbers
Section2.3: Rules For Addition
Problem 8P
icon
Related questions
Question
e e e 24-15. The sales of a company rose from Rs. 40,000 in March to Rs. 48,000 in April 2002.
The company's seasonal indices for these two months are 105 and 140 respectively. The owner of the
company expressed dissatisfaction with the April sales, but the Sales Manager said that he was quite
pleased with the Rs. 8,000 increase, What argument should the owner of the company have used to reply to
the Sales Manager?
The Sales Manager also predicted on the basis of the April sales that the total 2002 sales were going to
be Rs. 5,76,000. Criticise the Sales Manager's estimate and explain how the estimate of Rs. 4,11,000 may
be arrived at.
Transcribed Image Text:e e e 24-15. The sales of a company rose from Rs. 40,000 in March to Rs. 48,000 in April 2002. The company's seasonal indices for these two months are 105 and 140 respectively. The owner of the company expressed dissatisfaction with the April sales, but the Sales Manager said that he was quite pleased with the Rs. 8,000 increase, What argument should the owner of the company have used to reply to the Sales Manager? The Sales Manager also predicted on the basis of the April sales that the total 2002 sales were going to be Rs. 5,76,000. Criticise the Sales Manager's estimate and explain how the estimate of Rs. 4,11,000 may be arrived at.
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College
Elementary Algebra
Elementary Algebra
Algebra
ISBN:
9780998625713
Author:
Lynn Marecek, MaryAnne Anthony-Smith
Publisher:
OpenStax - Rice University
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning