1. Look up Abercrombie & Fitch (ANF). Calculate its 5-year growth rate in sales and net income,...
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1. Look up Abercrombie & Fitch (ANF). Calculate its 5-year growth rate in sales and net income, using annual income statement data. Next translate these results into the real growth rates. Use the "inflation calculator" provided by the Bureau of Labor Statistics at www.bls.gov/cpi/home. htm. You can find the actual price index data, via the Consumer Price Index link (upper left), then pull down to Get Detailed Statistics, and then All Urban Consumers-Current Series. What is the increase in the price level in the last 5 years? What is Abercrombie's growth rate of real sales and net income?
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780073382302
6th Edition
Authors: Richard A Brealey, Stewart C Myers, Alan J Marcus
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