Verispace Software sells inventory management software and reported revenues of $25 million in the most recent financial
Question:
Verispace Software sells inventory management software and reported revenues of $25 million in the most recent financial year. You estimate that the total market for inventory management software to be
$25 billion, growing at 5% a year for the foreseeable future. If you expect Verispace to have 10% market share of this market in 10 years, estimate the compounded revenue growth rate over that period.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Investment Valuation Tools And Techniques For Determining The Value Of Any Asset
ISBN: 9781118011522
3rd Edition
Authors: Aswath Damodaran
Question Posted: