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Gourmet Cheese Shoppe opened at the end of 2007. In its first full year of operations, 2008, earnings per share (EPS) was $0.26. Four years

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Gourmet Cheese Shoppe opened at the end of 2007. In its first full year of operations, 2008, earnings per share (EPS) was $0.26. Four years later, in 2012, EPS was up to $0.38, and 7 years after that, in 2019, EPS was up to $0.535. It appears that the first 4 years represented a supernormal growth situation and since then a more normal growth rate has been sustained. What are the rates of growth for the earlier period and for the later period? 696: 5% 6%: 3% 10%;8% 10%: 5% 1296796

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