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Why does CEO add 100 to percent growth numbers as in 110 percent sales growth over 2011 really means 10 percent more sales?
If you have sales growth of 10 per cent it is correct to say that sales in the second year were at 110% of their level of the first year. However, it is absolutely wrong to say that that was the sales GROWTH. Check the wording very carefully - I am sure the corporate lawyers have done that!
What else can I help you with?
Why is economic growth important?
Why is economic growth important? Why could the difference between a 2.5 percent and a 3 percent annual growth rate be a great significance over several decades?Economic growth means a higher standard of living, provided population does not grow even faster. And if it does, then economic growth is even more important to maintain the current standard of living. Economic growth allows the lessening of poverty even without an outright redistribution of wealth.If population is growing at 2.5 percent a year-and it is in some of the poorest nations-then a 2.5 percent growth rate of real GDP means no change in living standards. A 3.0 percent growth rate means a gradual rise in living standards. For a wealthy nation, such as the United States, with a GDP in the neighborhood of $10 trillion, the 0.5 percentage point difference between 2.5 and 3.0 percent amounts to $50 billion a year, or more than $150 per person per year.Using the "Rule of 70," it would take 28 years for output to double with a 2.5 percent growth rate, and just over 23 years with 3.0 percent growth
How much is 7 percent growth?
That means that after the growth, the item was 7% more than before the growth. Another way to put it is that the item increased by a factor of 1.07 (1 + 7/100).
What is the fraction for 74 percent?
74% means 74/100. The % sign is made up of the numbers 1 0 and 0. Percent means Per hundred. Thats why a CENTury has 100 years in it.
How do you change16.7 percent into a fraction?
It really helps a lot to know that "percent" means "hundredth".16.7% = 16.7/100 = 167/1000
How do you change 0.2 percent to a decimal?
"Percent" really just means "out of one hundred". So 0.2% = 0.2/100 = 0.002
What does antibacterial really mean?
Antibacterial means: "Any drug that destroys bacteria or inhibits their growth".
Why can't percent be more than 100?
because cent means 100 such as century means 100 years. When you sey percent you are saying per 100. However because numbers are abstract, you can have more. such as 110% profit
What is populationgrowth?
Population growth means that a particular city, state or country is becoming more populous. That means they are growing the numbers of people that live and work in that area.
Convert 8.00 into percentage?
8.00 I am assuming means '8'. Percentage is to mean what number of a percent. Percent means 'of 100' assuming your percent is not 100, then it is how many parts per hundred it is. Given that, 8 whole numbers would be to mean 800 of 100, ergo, 800%.
What is meant by 40 percent in numbers?
40 percent is 2/5, or two out of five. For example, if you have five apples, and 40% of the apples are ripe, that means two of the apples are ripe.
How do you write 66 percent as a fraction?
66% percent really means 66 over 100. Then, you just have to simplify the fraction 66/100 to get 33/50
Why could the difference between 2.5 and 3.0 percent annual growth rate make a great difference over several decades?
If population is growing at 2.5 percent a year-and it is in some of the poorest nations-then a 2.5 percent growth rate of real GDP means no change in living standards. A 3.0 percent growth rate means a gradual rise in living standards. For a wealthy nation, such as the United States, with a GDP in the neighborhood of $10 trillion, the 0.5 percentage point difference between 2.5 and 3.0 percent amounts to $50 billion a year, or more than $150 per person per year
