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XMark.com is a major Internet company specializing in organic food. XMark.com is thinking of purchasing GoodGrow, another organic food Internet company. GoodGrow has current revenues
XMark.com is a major Internet company specializing in organic food. XMark.com is thinking
of purchasing GoodGrow, another organic food Internet company. GoodGrow has current
revenues of $ million with expenses of $ million. Current projections indicate that
GoodGrows revenues are increasing at percent per year and its expenses are increasing
by percent per year. XMark.com understands that projections can be erroneous, however;
the company must determine the number of years before GoodGrow will return a profit.
You need to help XMark.com determine the number of years required to break even, using
annual growth rates in revenue between percent and percent and annual expense
Portfolio Session
MBIS Information Systems Applications in Business @ Australian Institute of Higher Education, Sydney
growth rates between percent and percent. You have been provided with a template,
AYKData.xlsx to assist with your analysis.
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