In the UMD10: Marketing Dashboard Map Above,the Annual Growth Rate

question 302

Multiple Choice

In the UMD10: Marketing Dashboard Map above,the annual growth rate in each state is shown,with green (which looks gray on printed paper) meaning good and red (which looks black on printed paper) meaning very bad.If an organization's 2013 sales for the entire U.S.were $50 million and its 2012 U.S.sales were $30 million,what is the annual % sales change?

• A)33%
• B)67%
• C)100%
• D)125%
• E)133%

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Definitions:

Total Period Cost

The sum of all expenses incurred by a business within a specific period, including both fixed and variable costs.

Absorption Costing

An accounting technique that integrates all costs associated with production, including direct materials, direct labor, and variable and fixed overhead costs, into the cost of a product.

Profit

The financial gain realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Loss

The negative result from operations or other transactions when costs and expenses exceed revenues.