A slow economy caused a company's annual revenues to drop from $555.000 in 2008 to $345.000 in
Fantastic news! We've Found the answer you've been seeking!
Question:
A slow economy caused a company's annual revenues to drop from $555.000 in 2008 to $345.000 in 2010.
a) If the revenue is following an exponential pattern of decline, what is the expected revenue in 2012?
b) Suppose the annual revenue in 2012 is increased by about 50%, but with a sudden decline by about 15% in 2028, tabulate the revenue for the period of 2012 to 2050 with 2 years interval.
c) Plot a complete graph of (b) to illustrate the results of the analysis.
Expert Answer:
Answer rating: 100% (QA)
year I pace given 2 345 it Follows ex ponentiol decreasing model So 2010 ... View the full answer
Posted Date:
Students also viewed these accounting questions
-
Suppose X has an exponential distribution with = 2. Determine the following: (a) P(x < 0) (b) P(X > 2) (c) P(X < 1) (d) P(1) < X < 2) (e) Find the value of x such that P(X < x) = 0.05.
-
Company A and Company B both start 2012 with $1 million of shareholders equity and 100,000 shares of common stock outstanding. During 2012, both companies earn net income of $100,000, a return of 10%...
-
Suppose in an election year, the economy started to slow down. At the same time, clear signs of inflationary pressures were apparent. How might the central bank with a primary goal of price stability...
-
Dominic and Magalie have been married for five years and have thes children, aged four, seven and nine. Dominic and Magale are diverong and Magalie has been ordered to pay child support, until the...
-
Cybernetics Inc. issued $60 million of 5% three-year bonds, with coupon paid at the end of every year. The effective interest rate at the beginning of Years 1, 2, and 3 was 8%, 5%, and 2%. Required:...
-
Estimating a cost function, high-low method. Laurie Daley is examining customer-service costs in the southern region of Capitol Products. Capitol Products has more than 200 separate electrical...
-
In 2006, CKX, Inc., a New York sports entertainment company, paid \($50\) million for an 80 percent ownership interest in G.O.A.T. LLC. (G.O.A.T. stands for Greatest of All Time and is a business...
-
Presented below is information related to Lachapelle Real Estate Agency. Oct. 1 Arthur Lachapelle begins business as a real estate agent with a cash investment of $15,000. 2 Hires an administrative...
-
inherited rental house in 2022. it was purchased 20years ago for 100,000, but now has FMV of 850000. December of 2022, conducted like kind exchange for rental real estate with FMV of 950000 and 20000...
-
In the FRED database, find data on nominal gross domestic product (a measure of total output), nominal exports, nominal imports, the Federal governments current receipts, and Federal government...
-
Discuss the contribution of birth rate changes , immigration policy and the expansion / decline of the family footprint has on the number of people available to both work and be consumers in the...
-
You invest $2500 into an investment account and are told that your deposit will double every 30 years. determine a formula for your balance, B(t), t years after your deposit.
-
I have to find a link to a current event that is related to the visual arts. I have to explain. I have to discuss what the news article means to me, why I choose the article and why the topic is...
-
A child on a sled is initially at rest on an icy horizontal surface. The sled is pushed until it reaches a final velocity of 6.65 m/s in a distance of 16.8 m. The coefficient of friction between the...
-
Walgreens 8/31/2020 quick ratio of 31.85% vs. CVS 12/31/2019 quick ratio of 61.51% financial analysis: Calculate the quick ratio for Walgreens and CVS. What do these results mean in the context of...
-
Krypton Bank has set a concentration limit of 0.35 (i.e, 35 percent of capital) for the lT sector. The bank has amaximum loss it permits to affect its total capital in the event of default of 5%....
-
The production department of Zan Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year: Units to be produced 1st Quarter 2nd Quarter 3rd...
-
Dawson Companys balance sheet information at the end of 2019 and 2020 is as follows: Additional information: The company did not issue any common stock during 2020. Required : Next Level Fill in the...
-
Hermson Company must evaluate two capital expenditure proposals. Hermsons cutoff rate is 12%. Data for the two proposals follow. Using net present value analysis, which proposal do you find to be the...
-
Refer to the data in E12-6B. What is the cash payback period for proposal X? for proposal Y?
-
Champion Company is considering a contract that would require an expansion of its food processing capabilities. The contract covers five years. To provide the required products, Champion would have...
Study smarter with the SolutionInn App