475000
SmartShop's profits have been growing at 5% per year. This year their profits were approximately $500,000. What were their profits last year?
Which one is the correct answer? $490,000
475000
Service Tax
The reaction may have not been complete yet, therefore resulting in a higher percent yield than 100%
474000
The answer depends on the period for which the old profits are required.
475000
SmartShop's profits have been growing at 5% per year. This year their profits were approximately $500,000. What were their profits last year?
Which one is the correct answer? $490,000
474000
475000
True
500000
A couple of documentaries that have been directed by Jamie Johnson are One Percent and Born Rich. One percent is a 2006 documentary about the growing gap between America's wealthy elite compared to the overall citizenry. Born Rich is a 2003 documentary film about the experience of growing up as a child in one of the worlds most richest families.
in 2002 Health Net posted a 22 percent rise in second-quarter profits, which had not been true for quite some time as the company had been suffering losses for a few years.
He reclaimed Rabobank's triple-A bond rating, which had been lost during the Enron crisis. Profits for fiscal 2003 were up 12 percent; further growth was expected for fiscal 2004