At a Recent Company Meeting,Geraldine Erwin,sales Manager of Dastoria,a Flavored-Beverage

question 155

Multiple Choice

At a recent company meeting,Geraldine Erwin,sales manager of Dastoria,a flavored-beverage producer announced,"We have increased our sales by 8 percent in just six months." Suppose six months ago,its sales amounted to $452,000,what is the value of its sales today?

• A)$36,160
• B)$415,840
• C)$488,160
• D)$565,000

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Definitions:

Business Cycles

Fluctuations in economic activity characterized by periods of expansion (growth) and contraction (recession) in an economy.

Upward Trend

A pattern or movement in data points that shows an increase over a period of time, often used in economic, financial, and market analyses.

Classical Analysis

An economic theory that focuses on free markets, growth, and the economy's self-regulating nature, emphasizing the importance of limited government intervention.

Growth

The increase in the economic output of a country or region, typically measured by the rise in the Gross Domestic Product (GDP), over time.