Question
ASAP PLEASE !! 1/ An analyst expects that a companys net sales will double, and a companys net income will triple over the next five-year
ASAP PLEASE !!
1/ An analyst expects that a companys net sales will double, and a companys net income will triple over the next five-year period starting now. Based on the analysts expectations, which of the following best describes the expected compounded growth rate in:
Net Sales Net Income
A) 20% 40%
B) 20% 25%
C) 15% 40%
D) 15% 25%
2/ A companys days of sales outstanding (DSO) decreased, while its cost of goods sold relative to sales and receivables remained unchanged. The companys gross profit will:
A) Decline; B) Increase; C) Remain unchanged; D) Insufficient information to answer
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