Ask Question
3 February, 21:51

Topdog is a toy company, whose profit/sales percentage is 13% in 2015, 16% in 2016 and 20% in 2017. Assuming simple trend, what is the predicted profit/sales % of this company for 2018?

+2
Answers (1)
  1. 4 February, 00:33
    0
    25%

    Explanation:

    Using simple trend, to calculate the predicted sales/profit of 2018, we use;

    (percentage sales of 2017 - percentage sales of 2016) : percentage sales of 2016.

    we have,

    percentage sales in 2018 = 20 - 16

    16

    = 4

    16

    = 0.25.

    Percentage sales in 2018 = 25% i. e 0.25 x 100%

    Cheers.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Topdog is a toy company, whose profit/sales percentage is 13% in 2015, 16% in 2016 and 20% in 2017. Assuming simple trend, what is the ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers