jaituteja wrote:
SravnaTestPrep wrote:
1. Let the revenues and costs in 2007 be r1 and c1 respectively. We have r1-c1=-1000
2. Let revenues in 2008 be r2 and c2 respectively. We have r2-c2=0
3. Let revenues and costs in 2009 be r3 and c3 respectively. we have r3=1.44r1.
4. Since the growth rate of sales is constant, growth rate per year is 20%. growth rate of costs is half of that which is 10%
5. (2) can be written as 1.2 r1-1.1 c1=0
6. Solving for (1) and (5), we have c1=12000 andr1=11000
7.
40 and c3=1.21*12000=145202. Let revenues in 2008 be r2 and c2 respectively. We have r2-c2=0
3. Let revenues and costs in 2009 be r3 and c3 respectively. we have r3=1.44r1.
4. Since the growth rate of sales is constant, growth rate per year is 20%. growth rate of costs is half of that which is 10%
5. (2) can be written as 1.2 r1-1.1 c1=0
6. Solving for (1) and (5), we have c1=12000 andr1=11000
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