Chapter 4, aditional prolem#10 (M 4:30) -- Finance 3300 Conference Room

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Date Posted: 11:27:05 09/14/02 Sat
Author: Alex
Subject: Chapter 4, aditional prolem#10 (M 4:30)

Can anyone solve this problem step by step? Thanks a lot.

The problem is:

1993 1994 1995
Reported Sales $215,800 $248,400 $274,300
Aver.price Index 121.4 152.8 191.8
Sales ? ? ?

It is asking for Sales(using 1993 as base year)
Nominal Growth rates in sales and Real Growth rate in sales.

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Replies:

Re: Chapter 4, aditional prolem#10 (M 4:30) (Real And Nominal Growth) -- Dr. D., 09:11:57 09/21/02 Sat

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