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i need help as soon as possible. thank you. 10 10 Apple and Google use historical sales growth rates in estimating future sales. Data below
i need help as soon as possible. thank you.
10 10 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) Apple, Apple, 2 Sales (5 millions) Year Prior Year Pro Phone $164,683 Google, 1 Google, salen min Year Dior Years Prior Appa, Hardware, and cloud $ 19,906 $ 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 Print Berences 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.) Apple Google Sales growth rate 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). Apple, 1 Apple, 2 Sales ($ million) Year Prior Years Prior Phone $ 264,688 $ 149,337 Sales ($ millions) Apps, Hardware, and cloud Google, 1 Google, 2 Year Prior Years Prior $ 19,906 $ 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 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 segmenti Apple Google Estimated sales if product segment growth rates continue Step by Step Solution
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