jessica Lasda an educational publisher presently have five accounts and her manager is considering assigning her three more accounts .the new accounts would bring potential volume to her business
Then I have a 6 column table which i am writing in 6 different lines
1 column account number 1 2 3 4 5 6 7 8
2 column EXISTING VOLUME $10,000 30,000 25,000 35,000 15,000 0 0 0
these are the values of 8 different account numbers
3rd column POTENTIAL ADDITIONAL VOLUME 10,000 0 15,000 0 5,000 30,000 25,000 45,000
4th COLUMN PROBABILITY OF GETTING ADDITIONAL VOLUME .40 --- .20 --- .30 .10 .70 .60
5th COLUMN EXPECTED VALUE OF ADDITIONAL VOLUME $4000 ---- 3000 ---- 1500 3000 17500 27000
6TH COLUMN EXISTING VOLUME PLUS EXPECTED VALUE OF ADDITIONAL VOLUME $ 14,000 30,000 28,000 35,000 16,500 3000 17500 27000
A. IF Jessica achived her expected additional volume in all accounts what would be the total volume of all her accounts.
B IF Jessica achived her expected additional volume in all accounts by what percentage would she increase her total volume
To answer these questions, you will need to perform some calculations using the data in the table.
A. To find the total volume of all Jessica's accounts if she achieved her expected additional volume in all accounts, you need to add up the existing volume for each account and the expected value of additional volume for each account.
Add up the values in the 2nd column (existing volume) and the values in the 6th column (existing volume plus expected value of additional volume). This will give you the total volume of all Jessica's accounts.
Total Volume = Sum of existing volume + Sum of existing volume plus expected value of additional volume
In this case, the sum of the existing volume is:
$10,000 + $30,000 + $25,000 + $35,000 + $15,000 + $0 + $0 + $0
And the sum of the existing volume plus the expected value of additional volume is:
$14,000 + $30,000 + $28,000 + $35,000 + $16,500 + $3,000 + $17,500 + $27,000
Add these two sums together to find the total volume of all Jessica's accounts if she achieved her expected additional volume in all accounts.
B. To calculate the percentage increase in total volume if Jessica achieved her expected additional volume in all accounts, you need to compare the total volume after the increase to the total volume before the increase.
The percentage increase can be calculated using the following formula:
Percentage Increase = [(Total Volume after increase - Total Volume before increase) / Total Volume before increase] * 100
Using the total volume of all Jessica's accounts before the increase (which you calculated in part A) and the total volume after the increase (which would be the sum of the existing volume plus the expected value of additional volume for all accounts if Jessica achieves her expected additional volume in all accounts), you can plug them into the formula to calculate the percentage increase.