Multiple Choice
Jones Inc., a company manufacturing drills, earned a revenue of $5 million in 2011. This was 6% more than their revenue in 2009. The CPI for 2009 and 2011 was 115 and 122 respectively, while the PPI for 2009 and 2011 was 110 and 114 respectively. Which of the following accurately reflects the real growth in revenues between 2009 and 2011?
A) 6%
B) 2.65%
C) 0.28%
D) 10.25%
Correct Answer:
Verified
Correct Answer:
Verified
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