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  1. business
  2. accounting
  3. a) calculate the mean revenue generated per month

a) Calculate the mean revenue generated per month for a business that earned ...

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Question

Accounting

a) Calculate the mean revenue generated per month for a business that earned
$10,000 in January, $12,000 in February, and $14,000 in March.
[5 marks]
b) If a company has 50 employees and 30% of them are in management positions,
how many employees are in managerial roles?
[3 marks]
c) A company's quarterly profits were $50,000,$60,000,$55,000, and $65,000 for the
first, second, third, and fourth quarters, respectively. What is the total profit for the
year?
[2 marks]
a) If a product has been sold 500 times and returned 25 times, what is the return rate
as a percentage?
[5 marks]
b) Calculate the median annual salary for a company with the following salaries:
$40,000,$45,000,$50,000,$55,000,$60,000,$65,000,$70,000.
[3 marks]
c) If a survey of customer satisfaction yields 85 responses, and 70% of respondents
are satisfied with the company's service, how many customers are satisfied?
[2 marks]
a) Calculate the standard deviation of the following set of data: 10,12,14,16,18.
[7 marks]
b) If a company's total expenses for the year were $500,000 and its revenue was
$800,000, what is the profit margin as a percentage?
[3 marks]
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