A local Dunkin' Donuts shop reported that its sales have increased exactly 22% per year...

90.2K

Verified Solution

Question

Accounting

image
A local Dunkin' Donuts shop reported that its sales have increased exactly 22% per year for the last 2 years. This year's sales were $82,500. What were Dunkin' Donuts' sales 2 years ago? Note: Round each year's sales to the nearest dollar

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students