Card Sharks, Inc. Card Sharks, Inc.sells Baseball Cards and Other Memorabilia.The Company Tries

question 61

Multiple Choice

Card Sharks, Inc.
Card Sharks, Inc.sells baseball cards and other memorabilia.The company tries to maintain a cash balance equivalent to approximately 30 days of sales.Sales in 2011 amounted to $352,412 and the company expects growth in 2012 of 30% and in 2013 of 35%.
-Given the information provided about Card Sharks,what are the company's 2013 projected annual sales?

• A) $656,191
• B) $493,377
• C) $618,482
• D) $542,333

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Definitions:

Receptor Site

Specific regions on a cell surface or within a cell where chemicals, such as hormones or neurotransmitters, can bind to elicit a physiological response.

Pharmacodynamic

pertains to the study of the biochemical and physiological effects of drugs and their mechanisms of action.

Analgesic

A class of drugs designed to relieve pain without causing loss of consciousness.

Tylenol

A popular brand name for acetaminophen, a medication used to reduce fever and relieve pain.