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
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.
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year I pace given 2 345 it Follows ex ponentiol decreasing model So 2010 ...
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Managerial Accounting
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
13th Edition
978-0073379616, 73379611, 978-0697789938
