Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. advance math
  3. the pottery shop opened a new branch this year. th

The pottery shop opened a new branch this year. The following figures show the sales volume...

50.1K

Verified Solution

Question

Advance Math

The pottery shop opened a new branch this year. The followingfigures show the sales volume and advertising expenses.

Sales LY $900,000

Sales TY $1,050,000

Sales plan for next year $975,000

Advertising costs LY $28,500

Advertising costs TY $32,000

Advertising plan $27,500

a. What do the sales trends reflect?

b. What do the advertising costs reflect?

c. What is the percent of increase in sales from last year tonext year's plan?

d. What is the percent of increase or decrease in advertisingbetween last year and next year?

e. What is the percent of decrease in sales from this year tonext year?

f. Why do you think these fluctuations of volume and expensesmight be planned?

Answer & Explanation Solved by verified expert
3.7 Ratings (312 Votes)
If u have any    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Accounting
1.2K views

Shane’s Garden Tools & Accessories is a wholesale supplierof garden tools and also has...

Basic Math
1.2K views

The American Bar Association reports that the mean length of time for a hearing in juvenile...

Biology
1.2K views

Why is it expected to take at least a year to develop a COVID-19 vaccine for...

Basic Math
1.2K views

John owns a hot dog stand. He has found that his profit is given by...

Calculus
1.2K views

JLO y x 5

Algebra
1.2K views

Solve the system of equations by the addition method 15x 3y 75 3x 5y 43...

Algebra
1.2K views

13 On a separate piece of paper solve the system of equations by graphing and...

Algebra
1.2K views

Factor each completely 1 8 x 5x 16x 10 1x 8x 5x 8x 5x 1x...

Accounting
1.2K views

Problem 3 (10 Points): Chapter 9 Wolf Company borrowed $5,000 on an 8% note payable...

Accounting
1.2K views

**AUSTRALIA BASED ANSWER ONLY** A husband and wife own an investment residential unit and two...

Accounting
1.2K views

State the qualitative characteristic, accounting assumption, principle, or constraint that is most applicable in the...

Finance
1.2K views

3) Bir firma beklenen mr 6 yl olan yeni bir makine almay dnmektedir. 2020 ylnda...