475000
Which one is the correct answer? $490,000
SmartShop's profits have been growing at 5% per year. This year their profits were approximately $500,000. What were their profits last year?
474000
The answer depends on the period for which the old profits are required.
475000
475000
474000
Bottom-line profits
The company's profits decreased by 12%
parking lol
The net yearly profits are approximately 250,000,000. That's triple of the yearly profits last year. Proactiv seems to be the leading competitor this year.
They made sure the profits were divided in the correct proportions.