15 - XYZ Co its selected financial statements items are given as following. Total net sales equals to 3.500.000 TL for the year 2019 and 2.800.000 TL for the year 2018. 2019 inflation rate for TL is %15. Calculate nominal and reel growth for the total net sales for 2020. a) Nominal Growth 20,00%, Reel Growth 11,00% b) Nominal Growth 10,00% , Reel Growth 25,00% Nominal Growth 25,15%, Reel Growth 9,50 % d) Nominal Growth 25,00%, Reel Growth 8,70%

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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15 - XYZ Co its selected financial statements items are given as following. Total net sales equals to 3.500.000 TL
for the year 2019 and 2.800.000 TL for the year 2018. 2019 inflation rate for TL is %15. Calculate nominal and
reel growth for the total net sales for 2020.
a)
Nominal Growth 20,00%, Reel Growth 11,00%
b)
Nominal Growth 10,00% , Reel Growth 25,00%
c)
Nominal Growth 25,15%, Reel Growth 9,50 %
d)
Nominal Growth 25,00%, Reel Growth 8,70%
Transcribed Image Text:15 - XYZ Co its selected financial statements items are given as following. Total net sales equals to 3.500.000 TL for the year 2019 and 2.800.000 TL for the year 2018. 2019 inflation rate for TL is %15. Calculate nominal and reel growth for the total net sales for 2020. a) Nominal Growth 20,00%, Reel Growth 11,00% b) Nominal Growth 10,00% , Reel Growth 25,00% c) Nominal Growth 25,15%, Reel Growth 9,50 % d) Nominal Growth 25,00%, Reel Growth 8,70%
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