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A company reported sales 1 . 9 millon last year. The company primary business is the manufacture nuts and bolts. Since this is a mature
A company reported sales millon last year. The company primary business is the manufacture nuts and bolts. Since this is a mature industry analyst are confident that sales will grow at a steady rate of per year. The compay net income equal to of sales. Management would like to buy a new flet of truck but can only do so once the net income reaches $ per year. At the end of which year will Carla Vista be able to by trucks?
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