Question: Please see and solve the attached, and show all work. Thank you! Please just answer PART A. Problem 4-21 Growth Rates Sales for Hanebury Corporation's

Please see and solve the attached, and show all work. Thank you!Please see and solve the attached, and show all work. Thank you! Please just answer PART A.

Problem 4-21 Growth Rates Sales for Hanebury Corporation's just-ended year were $10 million. Sales were $5 million 5 years earlier. a. At what rate did sales grow? Round your answer to the nearest whole number b. Suppose someone calculated the sales growth for Hanebury Corporation in part a as follows: "Sales doubled in 5 years. This represents a growth of 100% in 5 years; dividing 100% by 5, we find the growth rate to be 20% per year." Explain what is wrong with this calculation Select

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