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This is the original Sales growth is expected to grow by .0348 or 3.48% (given). From the assumptions, one learns that the firm is at
This is the original Sales growth is expected to grow by .0348 or 3.48% (given). From the assumptions, one learns that the firm is at 100% capacity. Therefore all assets are assumed to be spontaneous. A* = 1,609.75 (in thousands).So = 2,350,000 in 2010.
If sales were 2,350,000 in 2010 and will grow by .0348 in 2011, what will the new sales be?
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