Question

N​ 1999, total revenue of a company from music sales and licensing was ​$ billion. it was forecasted that this number would continue to drop until it reached ​$ billion in 2014. find this percent decrease in music revenu

Answer 1

To find the percent decrease in a company's music revenue between 1999 and 2014, subtract the forecasted revenue for 2014 from the revenue for 1999, divide by the 1999 revenue, and multiply by 100. The actual revenue figures are needed for the calculation.

Step-by-step explanation:

To calculate the percent decrease in music revenue for a company from 1999 to 2014, you would need to know the actual revenue figures for these years, which are missing from your question. However, I can guide you on how to calculate the percent decrease once you have those figures. Suppose the revenue in 1999 is R1 (in billions of dollars) and the forecasted revenue for 2014 is R2 (also in billions of dollars). The percent decrease can be found using the formula: Percent Decrease = ((R1 - R2) / R1) * 100%

You would subtract the forecasted revenue (R2) from the revenue in 1999 (R1) to find the decrease in revenue. Then, divide the decrease by the initial revenue (R1) and multiply by 100 to convert it to a percentage. This will give you the percent decrease in total revenue from music sales and licensing between 1999 and 2014.