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Math Help - Financial Management

  1. #1
    khobson
    Guest

    Financial Management

    Looking for help on how you figure annual net sales growth
    Example:
    2004 - 8,334
    2003 - 6,141
    2002 - 9,181
    2001 - 11,933
    2000 - 11,062
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  2. #2
    Newbie
    Joined
    May 2005
    Posts
    2

    Sales Growth

    Percent annual net sales growth = (years sales - previous year sales)/(previous year sales)

    example

    2004 - 8,334
    2003 - 6,141

    (8,334 - 6,141)/(8,334) = 0.263138949

    or 26.3% growth in sales.
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