The answer depends on the period for which the old profits are required.
SmartShop's profits have been growing at 5% per year. This year their profits were approximately $500,000. What were their profits last year?
474000
474000
475000
Which one is the correct answer? $490,000
475000
475000
The company's profits decreased by 12%
parking lol
The net yearly profits are approximately 250,000,000. That's triple of the yearly profits last year. Proactiv seems to be the leading competitor this year.
Capital gains tax
alec guiness