Our company manufactures and sells electric staplers for $16 each. If 10,000 units were sold in December, and management forecasts 4% growth in sales each month, the number of electric stapler sales budgeted for March should be:. A) 10,000.
B) 11,249.
C) 10,400.
D) 10,816.
E) 11,000.

B) 11,249.

Explanation:

The computation of the number of electric stapler sales budgeted for Marchis shown below:

On Jan

= 10,000 units × 1.04

= 10,400 units

On feb

= 10,400 units × 1.04

= 10,816 units

On march

= 10,816 units × 1.04

= 11,248.64 units

Hence, the correct option is B. 11,249

therefore all other options are wrong

We simply multiplied the unit sales with the growth rate

it's actually a very difficult task, due to not many people can make 2 million dollars in 2 years. besides that, to the not-so-realistic ideas, you can create a business. it could be practically anything, but make it into a business that isn't that known yet, you get me? also, lets not forget about stock market. that's where all the good stuff happens. use investments at the beginning and begin to raise up your business or whatever you're going to do. as this is a very non-realistic idea, it's still worth the shot!