Answer is 3.2%
We need to find growth using funtion RATE
NPER=6
PV=394000
PMT=0
FV=476450
=RATE(6,0,-394000,476450)
=3.22%
.BACxCH PRİNT". VTAStow NEXT Problem 5.27 (Solution Video) Carla Vista Corp had sales of $394,000 in...
Problem 5.27 (Solution Video) Sheridan Corp had sales of $327,000 in 2017. If management expects its sales to be $476,450 in 5 years, what is the rate at which the company's sales are expected to grow? (If you solve this problem with algebra round intermediate calculations to 4 decimal places, in all cases round your final answer to 2 decimal places, eg. 8.72%.) Growth rate
Problem 5.27 (Solution Video) Your answer is incorrect. Try again. Sheridan Corp had sales of $327,000 in 2017. If management expects its sales to be $476,450 in 5 years, what is the rate at which the company's sales are expected to grow? (If you solve this problem with algebra round intermediate calculations to 4 decimal places, in all cases round your final answer to 2 decimal places, eg. 8.72%.) Growth rate 45.7 %
Xenix Corp had sales of $353,866 in 2017. If management expects its sales to be $476,450 in 3 years, what is the rate at which the company's sales are expected to grow? (If you solve this problem with algebra round intermediate calculations to 4 decimal places, in all cases round your final answer to 2 decimal places, e.g. 8.72%.) Growth rate
Sheridan Corp had sales of $327,000 in 2017. If management expects its sales to be $476,450 in 5 years, what is the rate at which the company’s sales are expected to grow? (If you solve this problem with algebra round intermediate calculations to 4 decimal places, in all cases round your final answer to 2 decimal places, e.g. 8.72%.) Growth rate %
Carla Vista Corp. is a fast-growing company whose management expects it to grow at a rate of 28 percent over the next two years and then to slow to a growth rate of 13 percent for the following three years. If the last dividend paid by the company was $2.15. What is the dividend for the 1st year? (Round answer to 3 decimal places, e.g. 15.250.) D1 s What is the dividend for the 2nd year? (Round answer to 3...
Carla Vista Inc., is expected to grow at a rate of 19.000 percent for the next five years and then settle to a constant growth rate of 6.000 percent. The company recently paid a dividend of $2.35. The required rate of return is 16.000 percent Find the present value of the dividends during the rapid-growth period if dividends grow at the same rate as the company. (Round dividends to 3 decimal places, e.g. 3.351. Round present value of dividends to...
answer C Carla Vista Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $49 throughout the country to loyal alumni of over 1,700 schools. Carla Vista's variable costs are 40% of sales, fixed costs are $120,000 per month. (1) Your answer is correct. Calculate contribution margin ratio. (Round ratio to 2 percentage places, eg. 0.38-38%.) Contribution margin ratio 60 % eTextbook and Media Attempts: 1 of 12 used (2) ✓ Your...
ANSWER D Carla Vista Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $49 throughout the country to loyal alumni of over 1,700 schools. Carla Vista's variable costs are 40% of sales; fixed costs are $120,000 per month. (21) Your answer is correct. Calculate contribution margin ratio. (Round ratio to 2 percentage places, e.g. 0.38-38%) Contribution margin ratio 60 % e Textbook and Media Attempts: 1 of 12 used ✓ Your...
Carla Vista Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $49 throughout the country to loyal alumni of over 1,700 schools. Carla Vista's variable costs are 40% of sales; fixed costs are $120,000 per month. (a1) ✓ Your answer is correct. Calculate contribution margin ratio. (Round ratio to 2 percentage places, e.g. 0.38 - 38%.) Contribution margin ratio 60 % e Textbook and Media Attempts: 1 of 12 used (22)...
solve C Carla Vista Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $49 throughout the country to loyal alumni of over 1,700 schools. Carla Vista's variable costs are 40% of sales, fixed costs are $120,000 per month. (1) Your answer is correct. Calculate contribution margin ratio. (Round ratio to 2 percentage places, eg. 0.38-38%.) Contribution margin ratio 60 % eTextbook and Media Attempts: 1 of 12 used (2) ✓ Your...