Ciscos gross revenue (the percentage of total revenue left after subtracting the cost of goods sold) was
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Cisco’s gross revenue (the percentage of total revenue left after subtracting the cost of goods sold)
was 70.1% of total revenue over a 4-year period. If the total revenue per year was $5.8 billion for the first two years and $6.2 billion for the last 2, find the future worth of the gross revenue series in year 4 at an interest rate of 14% per year.
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Related Book For
Basics Of Engineering Economy
ISBN: 9780073376356
2nd Edition
Authors: Leland T. Blank, Anthony Tarquin
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