Verispace Software sells inventory management software and reported revenues of $25 million in the most recent financial
Fantastic news! We've Found the answer you've been seeking!
Question:
Verispace Software sells inventory management software and reported revenues of $25 million in the most recent financial year. You estimate that the total market for inventory management software to be $25 billion, growing at 5% a year for the foreseeable future. If you expect Verispace to have 10% market share of this market in 10 years, estimate the compounded revenue growth rate over that period.
Related Book For
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
Posted Date: