The sales of a company rose from dollar 30,000 in the month of February to dollar 35,000 in the month of March. The seasonal indices for these two months are 105 and 140, respectively. The owner of the company was not satisfied by this increase of dollar 5000 in the month of March. He expected much more because of the seasonal index. How much could he expect on the basis of the seasonal index?
The sales of a company rose from dollar 30,000 in the month of February to dollar 35,000 in the month of March. The seasonal indices for these two months are 105 and 140, respectively. The owner of the company was not satisfied by this increase of dollar 5000 in the month of March. He expected much more because of the seasonal index. How much could he expect on the basis of the seasonal index?
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter2: Graphical And Tabular Analysis
Section2.1: Tables And Trends
Problem 2TU: Suppose one canoe rents for 40,and2 is taken off the price for each additional canoe rented by a...
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