Problemyour finance text book sold 46000 copies in its, Ask an Expert

Accounting

Problem:

Your finance text book sold 46,000 copies in its first year. The publishing company expects the sales to grow at a rate of 22.0 percent for the next three years, and by 8.0 percent in the fourth year.

Required:

Question: Calculate the total number of copies that the publisher expects to sell in year 3 and 4.

Note: Provide support for your rationale.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91170751

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