Jones Inc, a Company Manufacturing Drills, Earned a Revenue of $5

question 101

Multiple Choice

Jones Inc., a company manufacturing drills, earned a revenue of $5 million in 2011. This was 6% more than their revenue in 2009. The CPI for 2009 and 2011 was 115 and 122 respectively, while the PPI for 2009 and 2011 was 110 and 114 respectively. Which of the following accurately reflects the real growth in revenues between 2009 and 2011?

• A) 6%
• B) 2.65%
• C) 0.28%
• D) 10.25%

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Definitions:

Annual Operating Expenses

The total costs associated with running a business, organization, or project within a given fiscal year, excluding the cost of goods sold.

Deejay

A person who selects and plays recorded music for an audience, traditionally in settings like radio stations or nightclubs.

External Environment

Factors and forces outside an organization that affect its performance, including economic, social, technological, legal, and political elements.

Organizational Planned Change

A deliberate process initiated by an organization to improve or alter its current state for better results.