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Presentations and write-ups of financial analyses often emphasize the importance of growth for value, where growth is represented by growth in sales or accounting profits.
Presentations and write-ups of financial analyses often emphasize the importance of growth for value, where growth is represented by growth in sales or accounting profits. Growth is good, and more growth is better. That is, positive growth is good and negative growth is bad, and higher growth is better than lower growth. Comment briefly on this view in the context of a firm that is expected to face fierce competition
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