Cochrane Associate's net sales last year were $525 million. If sales grow at 7.5% per year, how large (in millions) will they be 8 years later? $845.03 $889.51 $936.33 $983.14 $1,032.30
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- Last year Mike Corporation's sales were $134 million. If sales grow at 8% per year, how large (in millions) will they be 4 years later? Select one: a. $181.17 b. $186.21 c. $182.31 d. $185.10Last year Rocco Corporation's sales were $700 million. If sales grow at 6.0% per year, how large (in millions) will they be 8 years later? a. $1,148.35 million b. $1,036.00 million c. $1,115.69 million d. $742.00 million e. $1,052.54 millionLast year Dania Corporation's sales were $525 million. If sales grow at 11.3% per year, how large (in millions) will they be 6 years later? O a. $880.95 million Ob. $998.00 million Oc. $584.33 million Od. $896.68 million Oe. $1,078.00 million
- Last year Rocco Corporation's sales were $650 million. If sales grow at 6.0% per year, how large (in millions) will they be 8 years later? O a. $977.36 million Ob. $689.00 million O c. $1,066.33 million Od. $962.00 million O e. $1,036.00 millionLast year Dania Corporation's sales were $525 million. If sales grow at 10.5% per year, how large (in millions) will they be 8 years later?Last year Mike Corporation's sales were $134 million. If sales grow at 8% per year, how large (in millions) will they be 4 years later?
- on the pro forma income statement sales are expected to increase by 23%. If the net margin is expected to increase by 18% and net profit last year was 100 million, what is the net profit projected to be? A) 118 million. B)123 million. C )158 million D) 141 millionAnnual revenues in our company are $1.5 million this year. If they are expected to grow at a compounded rate of 20% per year, what will they be 10 years from now? (a) $3.89 million (b) $9.29 million (c) $10.9 million (d) $57.51 millionSawyer Corporation's 2018 sales were $5 million. Its 2013 sales were $2.5 million. a. At what rate have sales been growing? Round your answer to two decimal places. % b. Suppose someone made this statement: "Sales doubled in 5 years. This represents a growth of 100% in 5 years; so dividing 100% by 5, we find the growth rate to be 20% per year." Is the statement correct? -Select-
- A company’s 2005 sales were $100 million. If sales grow at 8% per year, how large will they be 10 years later, in 2015, in millions?Zephyr sales company has sales of 1.125 million. If the company's management expects sales to grow 6.5 percent annually, how long will it be before sales double?Sawyer Corporation's 2018 sales were $5 million. Its 2013 sales were $2.5 million. a. At what rate have sales been growing? Round your answer to two decimal places. 14.87 % b. Suppose someone made this statement: "Sales doubled in 5 years. This represents a growth of 100% in 5 years; so dividing 100% by 5, we find the growth rate to be 20% per year." Is the statement correct? The statement is incorrect because there are 6 years of sales growth between 2013 and 2018.