Real World Question Refer to the financial statements for The Limited in the annual report booklet. An

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Real World Question Refer to the financial statements for The Limited in the annual report booklet. An industry analyst has asked you to forecast sales for each of the years 1997, 1998, 1999, 2000, and 2001. Assume sales increase each year by the same percentage. That is, the percentage increase from 1996 to 1997 is expected to be the saine as it was between 1995 and 1996. What is your estimate of sales in each of the years 1997 through 2001? ko5

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Accounting A Business Perspective

ISBN: 9780075615859

7th Edition

Authors: Roger H. Hermanson, James Don Edwards, Michael W. Maher

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