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If a pie chart indicates that 60% of a company's revenue comes from product sale
Practice Questions
Q1
If a pie chart indicates that 60% of a company's revenue comes from product sales, what can be inferred about the remaining 40%?
It comes from services
It is negligible
It is from investments
It is from partnerships
Questions & Step-by-Step Solutions
If a pie chart indicates that 60% of a company's revenue comes from product sales, what can be inferred about the remaining 40%?
Steps
Concepts
Step 1: Understand that a pie chart shows parts of a whole.
Step 2: Recognize that 60% of the company's revenue is from product sales.
Step 3: Calculate the remaining percentage by subtracting 60% from 100%.
Step 4: 100% - 60% = 40%.
Step 5: Conclude that the remaining 40% comes from other sources, like services or different revenue streams.
Percentage Interpretation
– Understanding how to interpret percentages in a pie chart and what they represent in terms of total revenue.
Revenue Streams
– Recognizing that revenue can come from various sources, not just product sales.
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