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PNW Corp. reports 2015 and 2016 total revenues of $80 million and $92 million, respectively. If we expect prior growth to persist, we would forecast...

PNW Corp. reports 2015 and 2016 total revenues of $80 million and $92 million, respectively. If we expect prior growth to persist, we would forecast a revenue growth rate of:

A.35%

B.25%

C.20%

D.15%

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Forecast revenue... View the full answer

Correct answer is D 15% Solution: Computation of the Revenue growth rate Revenue growth... View the full answer

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Growth Rate It is the percentage change in a definite variable, within a specific period of time. It represents the... View the full answer

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