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Sandhill, Inc., had sales last year of $740,000, and the analysts are predicting strong future performance for the start-up. with sales growing 16 percent a
Sandhill, Inc., had sales last year of $740,000, and the analysts are predicting strong future performance for the start-up. with sales growing 16 percent a year for the next three years. After that, the sales should grow 10 percent per year for two years, at which time the owners are planning to sell the company. What are the projected sales for the last year before the sale? (Round intermediate calculations to 6 decimal places, eg. 2.512512 and final answer to 2 decimal places, eg. 2,515.25
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