If sales are $1,150,000 in 2022 and this represents a 15% increase over sales in 2021, what were sales in 2021?
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If sales are $1,150,000 in 2022 and this represents a 15% increase over sales in 2021, what were sales in 2021?
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- If a company's sales are $650,000 in 2021, and this represents an 5% increase over sales in 2020, what were sales in 2020? (Round your answer to the nearest dollar amount.) SalesMaster Paint Industries' sales in 2019 were $18 million, while in 2017 they were $10 million. Determine the sales growth rate.A company’s sales were $250 million in 2019. If sales grow at 6% per year, how large will they be 10 years later, in 2029 (as expressed in millions)?
- A company’s sales in 2018 were $100 million. If sales grow at 8%, what will they be10 years later, in 2028? ($215.89 million)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.A company's sales in 2019 were $100 million. If sales grow at 9%, what will they be 10 years later, in 2029?
- If Cell Enterprise sales in 2019 were $150 million and growing at 7% per year, calculate the growth over 8 years (in 2027).Suppose that the Sales in December 2019 were 64,566. The sales are expected to grow by 6% in January 2020, by 17% in February 2020, and by 10% in March 2020. After that, the sales are expected to grow by 14%. The purchases are 10% of sales. The purchases will be paid in the same month. The general administrative expenses are $13,032 and will be paid in the same month. The depreciation expense is $6,611 per month. The interest expenses are $8,778 per quarter and will be paid in March, June, September, and December. What is the cash outflow for June, 2020?Suppose Naboo Manufacturing's sales increase 20% over the next year. Assuming that all asset accounts change proportionately to sales, what will the company be paying in taxes in 2020?
- For the year ending December 31, 2017, sales for Company Y were $73.91 billion. Beginning January 1, 2018 Company Y plans to invest 9.5% of their sales amount each year and they expect their sales to increase by 4% each year over the next three years.Company Y invests into an account earning an APR of 2.2% compounded continuously. Assume a continuous income stream.How much money will be in the investment account on December 31, 2020?Round your answer to three decimal places. billion dollarsHow much money did Company Y invest in the account between January 1, 2018 and December 31, 2020?Round your answer to three decimal places. billion dollarsHow much interest did Company Y earn on this investment between January 1, 2018 and December 31, 2020?Round your answer to three decimal places. If intermediate values are used, be sure to use the unrounded values to determine the answer. billion dollarsCarlsbad Corporation's sales are expected to increase from $5 million in 2021 to $6 million in 2022, or by 20%. Its assets totaled $2 million at the end of 2021. Carlsbad is at full capacity, so its assets must grow in proportion to projected sales. At the end of 2021, current liabilities are $1 million, consisting of $250,000 of accounts payable, $500,000 of notes payable, and $250,000 of accrued liabilities. Its profit margin is forecasted to be 7%, and the forecasted retention ratio is 35%. Use the AFN equation to forecast the additional funds Carlsbad will need for the coming year. Write out your answer completely. For example, 5 million should be entered as 5,000,000. Round your answer to the nearest dollar. $ What additional funds would be needed if the company's year-end 2021 assets had been $3 million? Assume that all other numbers are the same. Write out your answer completely. For example, 5 million should be entered as 5,000,000. Round your answer to the nearest dollar. $…For the year ending December 31, 2017, sales for Corporation Y were $67.81 billion. Beginning January 1, 2018 Corporation Y plans to invest 9.5% of their sales amount each year and they expect their sales to increase by 7% each year over the next three years.Corporation Y invests into an account earning an APR of 2.0% compounded continuously. Assume a continuous income stream.How much money will be in the investment account on December 31, 2020?Round your answer to three decimal places.billion dollarsHow much money did Company Y invest in the account between January 1, 2018 and December 31, 2020?Round your answer to three decimal places.billion dollars
