Write an application that computes a businesss potential profits each year for 20 years using the following
Question:
Write an application that computes a business’s potential profits each year for 20 years using the following assumptions: (1) Gross profit in the first year is projected to be $20,000. (2) Expenses in the first year are expected to be $35,000. (3) Net profit or loss is gross profit minus expenses. (4) Gross profits are expected to increase 10 percent each year. (5) Expenses are expected to increase 4 percent each year. Display the year, the gross profit, the expenses, and the net profit for each year. Also display the year in which a net profit is first reported. Save the file as WhenProfitable.java.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
public class WhenProfitable public static void main String ...View the full answer
Answered By
Gauri Hendre
I worked as EI educator for Eduphy India YT channel. I gave online tutorials to the students who were living in the villages and wanted to study much more and were preparing for NEET, TET. I gave tutions for topics in Biotechnology. I am currently working as a tutor on course hero for the biochemistry, microbiology, biology, cell biology, genetics subjects. I worked as a project intern in BAIF where did analysis on diseases mainly genetic disorders in the bovine. I worked as a trainee in serum institute of India and Vasantdada sugar institute. I am working as a writer on Quora partner program from 2019. I writing on the topics on social health issues including current COVID-19 pandemic, different concepts in science discipline. I learned foreign languages such as german and french upto A1 level. I attended different conferences in the science discipline and did trainings in cognitive skills and personality development skills from Lila Poonawalla foundation. I have been the member of Lila poonawalla foundation since 2017. Even I acquired the skills like Excel spreadsheet, MS Office, MS Powerpoint and Data entry.
5.00+
4+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Computer science questions
-
You are considering the purchase of an apartment complex. The following assumptions are made: The purchase price is $1,000,000. Potential gross income (PGI) for the first year of operations is...
-
A 45-year-old woman decides to put funds into a retirement plan. She can save $2,000 a year and earn 9 percent on this savings. How much will she have accumulated if she retires at age 65? At...
-
The First National Bank of Springer has established a leasing subsidiary. A local firm, Allied Business Machines, has approached the bank to arrange lease financing for $10 million in new machinery....
-
Khairul has been working with Tun Hamid Energy Bhd since 1 February 2009 as a Human Resource Executive. Beginning 1 January 2014, he was promoted as Human Resource Manager. Details of his...
-
In a survey, the Canadian Automobile Association (CAA) found that 38% of respondents had bought used vehicles. A car dealership surveys 150 people at random and finds that 45 of them have bought used...
-
Si su profesor encarga un plan de marketing a su grupo, no haga gestos ni se queje del trabajo por dos razones especiales. Primero, al tratar de hacer marketing real obtendr conocimientos que superan...
-
E10.10. Free Cash Flow for Kimberley-Clark Corporation (Medium) Below are summary numbers from reformulated balance sheets for 2007 and 2006 for Kimberly-Clark Corporation, the paper products...
-
(1) Why is the T-bills return independent of the state of the economy? Do T-bills promise a completely risk-free return? (2) Why are Alta Industries returns expected to move with the economy whereas...
-
Required Information The following information applies to the questions displayed below) Ferris Company began January with 8,000 units of its principal product. The cost of each unit is 58....
-
A dotplot of the distribution of height for Mrs. Navards class is shown, along with some numerical summaries of the data. Suppose that Mrs. Navard has the entire class stand on a 6-inch-high platform...
-
Write an application that allows a user to enter any number of student test scores until the user enters 999. If the score entered is less than 0 or more than 100, display\ an appropriate message and...
-
Assume that the population of Mexico is 121 million and that the population increases 1.01 percent annually. Assume that the population of the United States is 315 million and that the population is...
-
List the three main advantages of the plant wide and departmental overhead rate methods.
-
Assume an organic compound has a partition coefficient between water and ethyl acetate equal to 8.12. If there are initially 7.10 grams of the compound dissolved in 75.0 mL of water, how many grams...
-
Berger Paint Pakistan limited produces three types of joint products, S ilver paint, G olden paint and D iamond paint. During March, 2020, the following information was recorded : Particulars Silver...
-
Choose an industry in which you are interested in working. How is that industry trending? What internal and external factors may affect the direction of the organization? For your initial post,...
-
show all work and Computations and if favorable or unfavorable. Standard Cost Data per 1 Unit Quantity Price Direct Labor 2 hrs $4.00/hr Actual Data: Units produced 20 20 Direct Labor 30 hrs; total...
-
4. A petroleum company is considering the expansion of its one unloading facility at its Australian refinery. Due to random variations in weather, loading delays, and other factors, ships arriving at...
-
Compute the discounted value of $5000 due in 10 years and 2 months if money is worth 2.75% compounded weekly.
-
Juarez worked for Westarz Homes at construction sites for five years. Bever was a superintendent at construction sites, supervising subcontractors and moving trash from sites to landfills. He...
-
Write a program that accepts a number of minutes and converts it both to hours and days. For example, 6,000 minutes equals 100 hours and equals 4.167 days. Save the program as MinutesConversion.java.
-
Write a program that accepts the names of three political parties and the number of votes each received in the last mayoral election. Display the percentage of the vote each party received. Save the...
-
In each case, determine the problem and fix the application. After you correct the errors, save each file using the same filename preceded with Fix. For example, DebugTwo1.java will become...
-
Los datos de la columna C tienen caracteres no imprimibles antes y despus de los datos contenidos en cada celda. En la celda G2, ingrese una frmula para eliminar cualquier carcter no imprimible de la...
-
Explain impacts of changing FIFO method to weighted average method in inventory cost valuations? Explain impacts of changing Weighted average method to FIFO method in inventory cost valuations?...
-
A perpetuity makes payments starting five years from today. The first payment is 1000 and each payment thereafter increases by k (in %) (which is less than the effective annual interest rate) per...
Study smarter with the SolutionInn App