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5. Problem 5.11 (Growth Rates) eBook Sawyer Corporation's 2018 sales were $5 million. Its 2013 sales were $2.5 million At what rate have sales been

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5. Problem 5.11 (Growth Rates) eBook Sawyer Corporation's 2018 sales were $5 million. Its 2013 sales were $2.5 million At what rate have sales been growing Round your answer to two decimal places years. This represents a growth of 100% in 5 years, so dividing 100% by 5, we find the growth rate to be 20 b. Suppose someone made this statement: "Sales doubled in year." Is the statement correct? The Matement is correct de 100 divided by Seals 20 The statement is incorrect bluse there are verso le growth bec 2013 and 2010 The statements incorrect because a company's sales ca double in such a short htcore The statement is connecting the ret u rn is considered Save & Continue Continue without saving

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