If a company had sales of $2,587,643 in 2008 and sales of $3,213,456 in2013, by what percentage did sales change during this time period? If thecompany had a goal of increasing sales by 25 percent over a 5-year period,did it meet its objectives?
If a company had sales of $2,587,643 in 2008 and sales of $3,213,456 in2013, by what percentage did sales change during this time period? If thecompany had a goal of increasing sales by 25 percent over a 5-year period,did it meet its objectives?
Chapter4: Time Value Of Money
Section4.2: Future Values
Problem 4ST
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If a company had sales of $2,587,643 in 2008 and sales of $3,213,456 in
2013, by what percentage did sales change during this time period? If the
company had a goal of increasing sales by 25 percent over a 5-year period,
did it meet its objectives?
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