Explanation:

Step 1 – the table shows the most (£40 per month) and least expensive packages (£25 per month) Step 2 – calculate the difference in monthly average monthly packages sold Platinum package Bronze package Central 4,540 5,425 Northern 4,725 5,846 Southern 4,584 5,428 Western 4,682 4,869 Eastern 4,884 4,592 ANNUAL TOTAL 23,415 26,160 MONTHLY AVERAGE 1951.25 2180 VALUE 1951.25 x £40 = £78,050 2180 x £25 = £54,500 Difference = £78,050 - £54,500 = £23,550 So the correct answer is £23,550

Explanation:

This is a relatively easy one. Step 1 – calculate the monthly difference £35 - £25 = £10 Step 2 – calculate the annual difference £10 x 12 = £120 So the correct answer is £120

Explanation:

Step 1 – Calculate the average turnover for Syballe Sons (11 + 8 + 7 + 10)/4 = £90,000 Step 1 – Calculate the average turnover for the Competitor Consultancy Firm (22 + 18 + 19 + 20)/4 = £197,500 So the correct answer is £90,000 Syballe Sons; £197,500 Competitor Consultancy Firm

Explanation:

Step 1 - Calculate the % change for each quarter for Syballe Sons and the Competitor Consultancy Firm % change for each quarter Quarter 1 – Quarter 2 (11-8)/11 = 27.3% Quarter 2 – Quarter 3 (8-7)/8 = 12.5% Quarter 3 – Quarter 4 (7-10)/7 = 42.9% Quarter 4 – Next Quarter (10-12)/10 = 20% Step 2 - Calculate the % increase for each quarter for the Competitor Consultancy Firm Quarter 1 – Quarter 2 (22-18)/22 = 18.2% Quarter 2 – Quarter 3 (18-19)/18 = 5.6% Quarter 3 – Quarter 4 (19-20)/19 = 5.3% Quarter 4 – Next Quarter (24-20)/20 = 20% Tip: in practice, the fastest way would be to enter into your calculator 8 ¸ 11 (Syballe’s Q1-Q2 turnover), and see if the value on the screen changes when you enter 18 ¸ 22 (Competitor’s Q1-Q2 turnover). Repeat for each quarter, and you get to Q4-Next Quarter. Hence the correct answer is Quarter 4 – Next Quarter

Explanation:

In £10,000s we have: Step 1 – Turnover increases by 2, costs increase by 3. Step 2 – Add these to the last data shown in the graph and we have turnover of 2 + 12 = 14 and costs of 3 + 11 = 14. So the correct answer is No difference