Xenix Corp had sales of $353,866 in 2011. If management expects its sales to be $476,450 in

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Xenix Corp had sales of $353,866 in 2011. If management expects its sales to be $476,450 in three years, what is the rate at which the company’s sales are expected to grow?

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

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

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