Your Forecast Shows $500,000 Annually in Sales for Each of the Next

question 78

Multiple Choice

Your forecast shows $500,000 annually in sales for each of the next three years.If your second and third year predictions have failed to incorporate 5 percent expected annual inflation, how far off in total dollars is your three-year forecast?

• A)$25,000
• B)$50,000
• C)$52,550
• D)$76,250

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Definitions:

Normal Faulting

A type of fault where the hanging wall slides downward; caused by tension in the crust.

Foliation

The repetitive layering in metamorphic rocks caused by the reorientation of minerals under directional pressure.

Lineation

The alignment of linear features, such as minerals or textures, within a rock that indicates a directional force or flow.

Deformed

Referring to rocks or earth materials that have been changed in shape or dimension under stress, such as during tectonic activity.