Shalit corporations 2007 sales were 10 million if its 2002, Finance Basics

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Shalit corporations 2007 sales were 10 million if its 2002

Problem:

Shalit Corporation's 2007 sales were $10 million. If its 2002 sales were $5 million, compute the growth rate in sales.

Additional Information:

This question basically belongs to Finance as well as it discusses about computation of percentage growth in sales in the last 5 years of a company.

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Finance Basics: Shalit corporations 2007 sales were 10 million if its 2002

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Finance Basics: Shalit corporations 2007 sales were 10 million if its 2002

Reference No:- TGS01107319

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