Pharoah Sales Company has sales of $ 1 , 2 5 0 , 0 0 . If

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Question:

Pharoah Sales Company has sales of $

1, 250, 00 .

If the company\'s management expects sales to grow

4.50

percent annually, how long will it be before sales double? Use financial calculator to solve this problem.

(

Round answer to

0

decimal places, eg

. 20 .)

Related Book For answer-question

Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Posted Date: May 07, 2024 04:26 AM

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Pharoah Sales Company has sales of $ 1 , 2 5 0 , 0 0 . If

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To calculate how long it will take for sales to double with a grow... View the full answer

Fundamentals of corporate finance

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