Apple and Google use historical sales growth rates in estimating future sales. Data below are for...

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Apple and Google use historical sales growth rates in estimating future sales. Data below are for one product segment for each company (Apple: iPhone; and Google: Apps, Hardware, and Cloud services). Sales (5 millions) iPhone Apple, 1 Year Prior $ 164,688 Apple, 2 Years Prior $ 149,337 Sales (5 millions) Apps, Hardware, and Cloud Google, 1 Year Prior $ 19,906 Google, 2 Years Prior $ 15,503 Required: 1. Compute the sales growth rate for each company's product segment. Which company's product segment grew at a faster rate? 2. Assume the sales growth rates computed in part 1 are expected to continue into the current year. Compute estimated sales for each company's product segment. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the sales growth rate for each company's product segment. Which company's product segment grew at a faster rate? (Round your answers to 1 decimal place.) Sales growth rate Apple Google % % Required 1 Required 2 > Apple and Google use historical sales growth rates in estimating future sales. Data below are for one product segment for each company (Apple: iPhone; and Google: Apps, Hardware, and Cloud services). Sales (5 millions) iPhone Apple, 1 Year Prior $ 164,688 Apple, 2 Years Prior $ 149,337 Sales (5 millions) Apps, Hardware, and Cloud Google, 1 Year Prior $ 19,906 Google, 2 Years Prior $ 15,503 Required: 1. Compute the sales growth rate for each company's product segment. Which company's product segment grew at a faster rate? 2. Assume the sales growth rates computed in part 1 are expected to continue into the current year. Compute estimated sales for each company's product segment. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the sales growth rate for each company's product segment. Which company's product segment grew at a faster rate? (Round your answers to 1 decimal place.) Sales growth rate Apple Google % % Required 1 Required 2 >