Question
The arithmetic average growth rate in sales is 8%, the geometric average growth rate in sales is 7% and the regression equation to estimate sales
The arithmetic average growth rate in sales is 8%, the geometric average growth rate in sales is 7% and the regression equation to estimate sales is Sales = 75 + 15(T). In 2017 (T=20), sales were 375. What is forecasted sales for 2018 using the geometric average?
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The Dark Side Of Valuation
Authors: Aswath Damodaran
2nd Edition
0137126891, 9780137126897
