5. Companies and growth rates Future value and present value concepts are applied in various ways, such as calculating growth rates, earnings per share, expected sales and revenues in the future, and so forth. Consider the following case: Pharmacist John S. Pemberton imeented a soft drink in 1886 that eventually became not only an integral part of everyday life in the United States but also a symbol of consumerism voridade In 1929 the first Coca-Cola vending machines were installed in Germany, and in 1930, the German branch of the Coca-Cola Co. opened in Essen Coca-Cola sales in Germany were 243,000 case in 1934 1 million cases in 1925. and 4.5 million cases in 1939. Germany was a growing market for Coca-Cola, along with other countries in Europe, before World War II. With the previous data given, calculate the company's sales growth rate for each time period in the following tables Years Growth Rate 1934-1936 1936-1939 1934-1939 (Source: "Coca-Cola GmbH and World War Two," vorw.gettherealfacts.co.uk/docs/gmbh.pdf) During World War II. Coca-Cola Co. cut off all syrup sales to Germany in 1940, resulting in no sales from 1943 to 1945. If Coca-Cola's siles had grown from 1939 to 1945 at the same rate that they grew between 1934 and 1939, its sales in 1945 would have been approximately cases, (Hint: Use sales data from 1939 as the present value.) Coca-Cola's worldwide sales as of December 31, 2011. was 26.7 billion cases. Assume the following sales distribution: Unit Case Volume Eastern Europe 2090 16% Germany Spain 149 129 Great Britain Italy 9% France Other 219 If Coca-Cola's worldwide growth were to continue at the same growth rate as it did in Germany between 1939 and 2008, when sales grew at the rate of 10.26%, its hypothetical sales in Eastern Europe in 2053 (42 years from 2011) would be approximately billion cases. (Note: For this question, ignore other factors that affect sales.)