Animist Designers Has Generated Sales of $625,000 for the Current

question 61

Multiple Choice

Animist Designers has generated sales of $625,000 for the current year. If it can grow the sales at a rate of 12 percent every year, how long will it take to triple the sales? (Round off to the nearest year.)

• A) 8 years
• B) 7 years
• C) 10 years
• D) 9 years

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Definitions:

Hardy

The ability to be strong in the face of stress or adversity; possessing resilience.

Aggressive

Behavior characterized by assertiveness and readiness to confront or engage, often used in the context of competitive or hostile actions.

Handle Stress

Techniques and strategies used to manage and reduce stress in one’s life.

Parasympathetic Nervous System

A division of the autonomic nervous system that conserves energy by slowing the heart rate and increasing intestinal and glandular activity.