3- 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 25,00%, Reel Growth 8,70% b) O Nominal Growth 20,00%, Reel Growth 11,00% Nominal Growth 25,15%, Reel Growth 9,50 % Nominal Growth 10,00% , Reel Growth 25,00%

Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
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Chapter3: Analysis Of Financial Statements
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Problem 14P: The Jimenez Corporation’s forecasted 2020 financial statements follow, along with some industry...
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3- 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) O
Nominal Growth 25,00%, Reel Growth 8,70%
b) O
Nominal Growth 20,00%, Reel Growth 11,00%
c) O
Nominal Growth 25,15%, Reel Growth 9,50 %
d) O Nominal Growth 10,00% , Reel Growth 25,00%
Transcribed Image Text:3- 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) O Nominal Growth 25,00%, Reel Growth 8,70% b) O Nominal Growth 20,00%, Reel Growth 11,00% c) O Nominal Growth 25,15%, Reel Growth 9,50 % d) O Nominal Growth 10,00% , Reel Growth 25,00%
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