This is the original  Sales growth is expected to grow by .0348 or 3.48% (given). From the assumptions, one learns that the firm is at 100% capacity. Therefore all assets are assumed to be spontaneous. A* = 1,609.75 (in thousands).So = 2,350,000 in 2010. 

If sales were 2,350,000 in 2010 and will grow by .0348 in 2011, what will the new sales be?

Answer rating: 100% (QA)

To calculate the new sales for 2011 we can use the given sales growth rate of 348 0... View the full answer