Unformatted text preview: 2013 $102,038.01 2014 $109,625.37 2015 $117,776.91 2016 $126,534.59 2017 $135,943.48 2018 $146,051.99 The process that I used was to take the sales from one year and subtract the previous years sales. Then divide the difference by previous years sales to get growth rate. To forecast I took the previous years sales * 10 yr growth rate + previous years sales. The assumptions I made were pretty accurate....
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This note was uploaded on 02/25/2012 for the course FINANCE 440 taught by Professor Jones during the Spring '12 term at Regis University.
- Spring '12