uestion 2Do not do any interim rounding, state your answer in years to 2 decimal places, do not label your answer ($, %, etc).Ironbridge Holdings had sales of1,010,400 last year and expects sales growth of 8.15% going forward. How long will it take Ironbridge to double their sales at this rate?-↳@A Moving to another question will save this response.A-34+E$DR%5TFDELG&7HFO*8JOFOF10KO Do not do any interim rounding, state your answer in years to 2 decimal places, do not label your answer (S, %, etc).Ironbridge Holdings had sales of1,010,400 last year and expects sales growth of 8.15% going forward. How long will it take Ironbridge to double their sales at this rate?SA Moving to another question will save this response.3ED4RF%5| C || VсTP6GYB&HN61JF109**F11OPrisc

Here, Present value (PV) = 1,010,400 Interest rate = 8.15% Future value (FV) = 2 × 1,010,400 FV =…

Do not do any interim rounding, state your answer in years to 2 decimal places, do not label your answer (S, %, etc). Ironbridge Holdings had sales of1,010,400 last year and expects sales growth of 8.15% going forward. How long will it take Ironbridge to double their sales at this rate

Do not do any interim rounding, state your answer in years to 2 decimal places, do not label your answer (S, %, etc). Ironbridge Holdings had sales of1,010,400 last year and expects sales growth of 8.15% going forward. How long will it take Ironbridge to double their sales at this rate

Entrepreneurial Finance

6th Edition

ISBN:9781337635653

Author:Leach

Publisher:Leach

Chapter4A: Nopat Breakeven: Revenues Needed To Cover Total Operating Costs

Section: Chapter Questions

Problem 1EP

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Question

uestion 2
Do not do any interim rounding, state your answer in years to 2 decimal places, do not label your answer ($, %, etc).
Ironbridge Holdings had sales of1,010,400 last year and expects sales growth of 8.15% going forward. How long will it take Ironbridge to double their sales at this rate?
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Do not do any interim rounding, state your answer in years to 2 decimal places, do not label your answer (S, %, etc).
Ironbridge Holdings had sales of1,010,400 last year and expects sales growth of 8.15% going forward. How long will it take Ironbridge to double their sales at this rate?
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