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Sheridan Corp had sales of $327,000 in 2017. If management expects its sales to be $476,450...

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 %
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Answer #1

tls Growth rate = foley in 5 Years Sales in X 10o - 2017 IN where, n number of years Greweth rate 5 [ 476,450 327,000 7 toc =

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