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Use the following assumptions to answer the questions below: ( 1 ) Operating ratios remain unchanged. ( 2 ) Sales will grow by 1 1

Use the following assumptions to answer the questions below: (1)Operating ratios remain unchanged. (2)Sales will grow by 11.1%,8%,5%,and 5%for the next four years. (3)The target weighted average cost of capital ( WACC )is 10%.This is the No Change scenario because operations remain unchanged.

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