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You are a financial analyst for a skateboard manufacturer. This year you sold 30,000 skateboards and you are forecasting a 12% annual increase in unit
You are a financial analyst for a skateboard manufacturer. This year you sold 30,000 skateboards and you are forecasting a 12% annual increase in unit sales for each of the next 5 years. The total number of skateboards in CA this year was 150,000 and analysts expect that to grow at an ongoing rate of 2%/year. If all your skateboards are sold in CA, what share of the CA market will you have in five years?
a. 31.9%
b. 20%
c. 35.2%
d. 18.1%
e. 12.5%
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