If sales are $937,900 in 2025 and this represents a 13% increase over sales in 2024, what were sales in 2024? Sales in 2024
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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?Sales are 2.42 million in 2023, 2.52 million in 2024, and 2.32 million in 2025. What is the percentage change from 2023 to 2024? What is the change from 2024 to 2025? Be sure to clarify if the change is an increase or decrease.Sales are $2.45 million in 2020, $2.55 million in 2021, and $2.35 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. (Round your answers to 1 decimal place.)
- Sales are $2.54 million in 2023, $2.64 million in 2024, and $2.44 million in 2025. What is the percentage change from 2023 to 2024? What is the percentage change from 2024 to 2025? Be sure to indicate whether the percentage change is an increase or a decrease. (Round your answers to 1 decimal place.) 2023 to 2024 2024 to 2025 Percentage Change % % Increase or DecreaseSales 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.Based on the following data below: In 2019: Total Sales= 1.5 billion with the Motor Category representing 18% of total sales Projected 2029: Total Sales= 3.75 billion with the Motor Catgory representing 24% of total sales What is the ratio of the revenue of sale in the Motors Category in 2019 to the projected revenue of sales in Motors in 2029? The answer is 3:10, however I am not sure how that is concluded. Thanks!
- 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.) SalesBased on the following data below: In 2019: Total Sales= 1.5 billion with the Motor Category representing 18% of total sales Projected 2029: Total Sales= 3.75 billion with the Motor Catgory representing 24% of total sales What is the ratio of the revenue of sale in the Motors Category in 2019 to the projected revenue of sales in Motors in 2029?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)
- Using data available in the case, calculate the annual growth rate from 2020 to 2021 (in percentages). All calculations should be rounded to two decimals (e.g., 12.77%). > Answer is complete but not entirely correct. 2021 2020 2020-2021 Revenue 2,057,622 1,736,432 18.50 % Cost of Goods Sold 1,259,830 921,980 36.64 % Gross Profit 797,792 814,452 (1.02) % Operating Expenses 789,795 570,245 38.50 % Operating Income 7,997 244,207 2,953.73% Net Income 14,553 191,960 (92.42) %Assume that in 2019 the nominal GDP in Scoob was $ 20 trillion and in 2020 the nominal GDP was $ 24 trillion. What was the growth rate of nominal GDP between in 2020? (give your answers rounded to 1 decimal place) A. 16.7% B. 10.0% C. 20.0% D. 83.3%Sales is projected to increase by 10% in 2017 from the average sales in 2013-2016consisting of P7M, P8M, P 9M and P 12M respectively. What should be theprojected sales for year 2017? Show your solution.a. P4M b. 9M c. 9.9M d. 10M