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celestina Posted on May 10, 2014
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You are the manager of the advertising division of the TLN group by what percentage would you need to increase your division year to revenue to reach 3 million in your 3

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Anonymous232

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  • Master 1,552 Answers
  • Posted on May 10, 2014
Anonymous232
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X = current year's revenue
R = annual percentage increase
Then, at start of year 2, revenue is X*(100+R)
Then, at start of year 3, revenue is (X*(100+R))*(100+R)
Then, at start of year 4, revenue is ((X*(100+R))*(100+R))*(100+R)

So, what is the value of 'X' as specified in the problem statement?

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Related Questions:

1helpful
1answer

How do I calculate percentage of increase

3=100%
26=A (the A is the percentage of the this year)
so we make 26*100=3*A
2600=3A
A=2600/3=866.67 (is the percentage of the this year)
and to know the percentage increase (we remove the percentage of the last year (100%) from the percentage of the this year 866.67%
so we get 866.67-100=766.67
so your percentage increase is 766.67%
i wish it helps
0helpful
1answer

What make the gross profit percentage increase

Gross profit =total revenue -cost of doing business
Gross profit percentage = Gross profit/(Total revenue.)*100%
To increase the gross profit percentage, you decrease the cost of doing business.
Costs= all you have to spend to be able to do business (merchandises, employees' pay, rent of facilities, electric bills, etc.)
0helpful
1answer

What is the percentage of increase from $93,667.00 to $101,203.00

Press 1 0 0 * ( 1 0 1 2 0 3 - 9 3 6 6 7 ) / 9 3 6 6 7 ENTER on your TI-84Plus calculator.

"*" is the multiplication key, "/" is the division key.
0helpful
1answer

Donation

It's hard to get big box stores to buy advertising in small local publications. I presume that this is a yearbook or a local paper. The best way to do this is to go to the store and ask to speak to the manager.
You need to present your case as a benefit to the store not a request for donation to your school activity. The best case would be that the kids in your school purchase or influence the purchasing of almost all the electronics for that that age group. It would be prudent for the manager to advertise in your publication because he would be not only reaching his target audience now, but also the ones who will be buying his products for years to come. Everyone knows its best if you can get to your customers early and build a loyalty to your brand.
Good Luck
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