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What the projected sales for the last year before the sale

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Reference no: EM133105104

Question - A start-up company managed sales of R700,000 last year. It is expected that sales will grow by 20 percent per year for the next three years. Thereafter sales will slow down to 11 percent per year for two years, at which time the owners are planning to sell the company. What are the projected sales for the last year before the sale?

Reference no: EM133105104

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