29What was the 2012 net profit amount if the 2013 pro-forma net profit of $187,000 was based on a 22% increase? $228,140 $182,975 $153,279 $145,860

Question

29What was the 2012 net profit amount if the 2013 pro-forma net profit of $187,000 was based on a 22% increase? $228,140 $182,975 $153,279 $145,860
🧐 Not the exact question you are looking for?Go ask a question

Solution 1

To find the 2012 net profit amount, we need to understand that the 2013 pro-forma net profit was based on a 22% increase from the 2012 net profit.

Let's denote the 2012 net profit as X.

According to the problem, X increased by 22% to become $187,000 in 2013.

We can express this relationship ma Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

This problem has been solved

Similar Questions

29What was the 2012 net profit amount if the 2013 pro-forma net profit of $187,000 was based on a 22% increase? $228,140 $182,975 $153,279 $145,860

The cost of a consumer basket is $234 in 2012, $240 in 2013, and $245 in 2014.If the base year (=100) is 2013, what is the value of your CPI in 2012?

What was the approximate percentage increase between 1963 and 2013 for the above area?1 point76% 5%55% 100% 128%

but here ' after charging interest on capital' is a adjective that modifies the noun net profit which means it is also a net profit

when i say net profit after charging Int on capital means that the answer we will get is also net profit only?

1/3