I'm given an income statement and balance sheet and a questions asks what the rate of sales growth is. What formula do I use to calculate the rate of sales growth in a specific year?
I'm given an income statement and balance sheet and a questions asks what the rate of sales growth is. What formula do I use to calculate the rate of sales growth in a specific year?
You do well to study the following example:-
Take your time!
http://wiki.vanguardsw.com/Vanguard%...un&closeonexit
CORRECTION : please see:-
http://wiki.vanguardsw.com/Vanguard%...un&closeonexit
Also study well:-
http://everything2.com/e2node/Financial%2520Ratios
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