The following information is taken from Procter & Gambles 2015 annual report: Calculate the companys actual and

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The following information is taken from Procter & Gamble’s 2015 annual report:

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Calculate the company’s actual and sustainable rate of growth in sales for 2015 and 2014. How do the two growth rates compare? What advice would you give to P&G’s management on the basis of these two rates of growth?

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