In the Financial Data and Projections Section of the Paradise

question 81

Multiple Choice

In the Financial Data and Projections section of the Paradise Kitchens marketing plan,the company chose to use a bar chart in addition to a numerical table to present its actual and projected sales revenues from 2013 to 2018.Paradise Kitchens made this decision because

• A)the bar chart made the lack of sales for the previous years less dramatic.
• B)the numerical sales figures were too difficult to interpret.
• C)there was too much information to present in such small physical space.
• D)a bar chart could gloss over inconsistencies and anomalies.
• E)the bar chart more clearly shows the company's projected growth.

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Definitions:

Automated Equipment

Machinery that operates with minimal human intervention, often using computer control systems to perform tasks more efficiently.

Attractive Investment

An investment proposition that is deemed desirable due to its potential for significant returns or other beneficial outcomes.

Discount Rate

The rate of interest applied to calculate the present value of future cash flows.

Net Present Value

A method used to evaluate the profitability of an investment by calculating the difference between the present value of cash inflows and outflows over a period of time.