The following table shows the revenues (in millions of dollars) for The Gap, Inc., and American Eagle
Question:
Source: Annual Reports for Gap, Inc., and American Eagle Outfitters, Inc.
Year.......................Gap.....................American Eagle
2008.....................$15.73................................$3.06
2009.......................14.53.................................2.99
2010.......................14.20.................................2.99
a. Calculate the average growth rate for each firm.
b. Which firm had the higher growth rate over the 2008-2010 period?
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Related Book For
Business Statistics Communicating With Numbers
ISBN: 9780078020551
2nd Edition
Authors: Sanjiv Jaggia, Alison Kelly
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