To Determine a 10% Growth Rate Over a Previous Month

question 84

Multiple Choice

To determine a 10% growth rate over a previous month sales,you would take the previous month's sales and ________.

• A)divide by 10%
• B)multiply by 10%
• C)multiply by 110%
• D)divide by 110%

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Definitions:

Dividend Payout Ratio

A financial ratio that indicates the percentage of a company's earnings paid to shareholders in the form of dividends.

Net Income

The total earnings of a company after subtracting all expenses from revenue, also known as the bottom line.

Constant Percentage

A fixed proportion or rate that is applied to a specific calculation, such as in investment strategies or financial formulas.

Tax Rate

The percentage at which an individual or corporation is taxed, often varying based on income or profit levels.