P8.2 GrowthCo had sales of $55 million in 2008, and is expected to have sales of $83,650,000

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P8.2 GrowthCo had sales of $55 million in 2008, and is expected to have sales of $83,650,000 for 2011. The company's net profit margin was 5% in 2008, and is expected to increase to 8% by 2011. Estimate the company's net profit for 2011.

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Fundamentals Of Investing

ISBN: 9780136117049

11th Edition

Authors: Lawrence J. Gitman, Michael D. Joehnk, Scott B. Smart, Scott J. Smart

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